Universal Music Group Shares Fall Nearly 9% on Pershing Square Stock Sale
Universal Music Group shares fell nearly 9% this week on Pershing Square's stock sale, while music stocks were down overall ...
Pershing Square to Sell $1.5 Billion of Universal Music Group Shares
Pershing Square Holding will sell $1.5 billion worth of Universal Music Group shares on the Euronext Amsterdam exchange.
Variety3d
Bill Ackman’s Pershing Square to Raise $1.4 Billion From Sale of 2.7% of Universal Music Group
Ackman wrote about his plans in a post on X on Thursday. While he had some strong words about UMG, in which Pershing currently owns a 7.6% stake, delist from the Euronext in Amsterdam in the wake ...
Bill Ackman Sells Portion Of Universal Music Stake: 'One Of The Best Businesses We Have Ever Owned'
News of Ackman's sale in Universal Music Group shares comes shortly after he announced he was hoping to emulate investing ...
Reuters4d
Pershing Square's Ackman confirms sale of some of its UMG shares
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 ...
Investing3d
Pershing Square trims UMG stake, maintains it as largest position in portfolio
Investing.com -- Bill Ackman’s Pershing Square Capital announced its decision to reduce its stake in Universal Music Group (AS:UMG). Despite the sale, UMG continues to hold the largest position ...
Music Business Worldwide3d
Bill Ackman’s Pershing Square to raise $1.4bn from sale of 2.7% stake in UMG (report)
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 ...
Digital Music News on MSN3d
Pershing Square Sells Roughly $1.5 Billion In UMG Shares Ahead of US Secondary Listing — But Ackman’s Still Very, Very Bullish
Bill Ackman’s Pershing Square has raked in roughly $1.5 billion in the sale of a 2.7% stake in Universal Music Group ahead of a US secondary listing. Ackman announced the sale on social media, while ...