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Universal Music Group Purchases Shares from Bill Ackman's Pershing Square

Universal Music Group (UMG) has acquired 14 million shares from Bill Ackman's Pershing Square, totaling approximately $290 million.

4 Jun, 16:04 — 4 Jun, 16:04
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billboardMostly Factual2d ago

Universal Purchases Part of Bill Ackman’s Pershing Square Shares in UMG

UMG has purchased 14 million of Pershing Square’s shares for a total consideration of around $290 million.

By Ariel King

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