
Bill Ackman Discusses Pershing Square's Universal Music Group Bid and Future Plans
Bill Ackman held a call with shareholders to discuss Pershing Square's bid for Universal Music Group, outlining plans to increase UMG's share price to over 30 euros by 2030 and addressing Lucian Grainge's contract.
Source Diversity
Source Diversity
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Universal Music Backs Lucian Grainge Amid Takeover Bid by Bill Ackman
UMG said it "will review the proposal in accordance with its fiduciary duties" after Ackman's Pershing Square unveiled its bid late Monday.
By Ethan Millman
Read full article →Pershing Square’s Universal Music Group Bid: What You Need to Know
On a call with shareholders, Bill Ackman discussed Lucian Grainge's contract and Pershing's plan to take UMG's share price to over 30 euros by 2030.
By Elizabeth Dilts Marshall
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