BUSINESSMay 29 · 19:03 UTCFINANCIAL TIMES WORLD

Universal Music declines takeover offer from Bill Ackman’s Pershing Square

Universal Music Group rejected a takeover offer from Bill Ackman's Pershing Square. Ackman argued relocating the record company's listing from Amsterdam to New York would unlock value.

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Universal Music GrouporganizationBill AckmanpersonPershing SquareorganizationAmsterdamplaceNew Yorkplace

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