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The Nexus
BUSINESSJun 3 · 16:43 UTCBLOOMBERGPablo Mayo Cerqueiro, Chris Palmeri

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.

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