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

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

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

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

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

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

Bill Ackman’s Pershing Square is set to raise $1.4 billion from the sale of “about a 2.7% stake” in Universal Music Group. That’s according to Bloomberg, which reported this afternoon (March 13) that ...

PARIS, March 13 (Reuters) - Pershing Square (PSHP.L), opens new tab CEO Bill Ackman confirmed on Thursday his firm had sold some of its shares in Universal Music Group (UMG) (UMG.AS), opens new tab.

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 ...

Investing.com -- Bill Ackman’s Pershing Square (NYSE: XYZ) Capital announced its decision to reduce its stake in Universal ...

Universal Music is Pershing’s largest position, and will be about 17% of the portfolio after the sale, Ackman wrote in an X post on Thursday. “We believe UMG is one of the best businesses we ...