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 ...

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

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

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

It’s not hard to imagine why so many people want to channel Warren Buffett and his legendary firm Berkshire Hathaway ...

Pershing Square’s long-term performance is stellar, and it is trading at a ~30% discount to NAV. Click here to find out why I ...

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 ...

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 ...

Investing.com -- Bill Ackman的Pershing Square Capital宣布减持Universal Music Group（UMG）股份。尽管进行了此次出售，UMG仍然是Pershing Square投资组合中的最大持仓。 Pershing ...

Investing.com -- 与亿万富翁Bill Ackman相关的对冲基金Pershing Square正寻求出售其在Universal Music Group NV的部分股份。该基金的附属机构，包括Pershing Square Holdings Ltd.、Pershing Square LP和Pershing Square International ...

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