BUSINESSBLOOMBERG
Bill Ackman’s Pershing Square to Exit Universal Music Stake
Bill Ackman's Pershing Square is exiting its stake in Universal Music Group NV. Ackman has proposed a bid for Universal Music Group to boost returns on one of his hedge fund's largest holdings.
Related Signal
Adjacent reporting
- 'Big Short' Investor Michael Burry Exits GameStop After eBay Bid
- Schonfeld-Backed Perbak Closing Hedge Fund After ‘Too-Short’ Run
- Activist Palliser Builds Stake in EQT Takeover Target Intertek
- Stonepeak, Lim Family Are Said to Weigh Withdrawing Yinson Bid
- Skechers Ups Offer to Hedge Funds Challenging Price of 3G Buyout
- Africa’s Biggest Fund Manager in Talks to Buy Stake in Balwin