The placement comes as Taylor Swift’s record label plans a U.S. share sale agreed in order to fulfill an agreement with ...

Hedge fund manager Bill Ackman said his Pershing Square firm would reduce its stake in the world’s largest music company.

Bill Ackman’s Pershing Square expects to raise $1.4 billion from the sale of a 2.7% stake in Universal Music Group.

News of Ackman's sale in Universal Music Group shares comes shortly after he announced he was hoping to emulate investing ...

A group of Universal Music Group NV shareholders affiliated with billionaire Bill Ackman’s hedge fund Pershing Square is set ...

Universal Music stock fell after hedge-fund billionaire Bill Ackman said Pershing Square is cutting its stake in the world’s largest record label. Shares in the label behind Taylor Swift (NL:UMG) were ...

Shares in music company Universal Music Group opened down 9% on Friday after hedge fund manager Bill Ackman’s Pershing Square ...

Pershing Square Holding will sell $1.5 billion worth of Universal Music Group shares on the Euronext Amsterdam exchange.

Welcome to Music Business Worldwide’s weekly round-up – where we make sure you caught the five biggest stories to hit our ...

Universal Music Group shares fell nearly 9% this week on Pershing Square's stock sale, while music stocks were down overall amid a market tumble.

Ulta Beauty (ULTA) shares gain after delivering a fourth quarter earning beat. Shares of Universal Music Group (UMG.AS) are ...

Pershing Square CEO Bill Ackman confirmed on Thursday his firm had sold some of its shares in Universal Music Group (UMG).