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Investor Bill Ackman Eyes Stake in Universal Music Group

Fri Jun 4 , 2021
Pershing Square Capital Management’s Bill Ackman is eyeing a 10% stake in Universal Music Group, to be purchased by his special-purpose acquisition company. Vivendi-owned UMG, the world’s biggest music company, is headed for an IPO later this year. The hedge fund billionaire announced nearly a year ago his interest in […]