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Ackman’s Pershing Square offers $64B to buy Universal Music Group
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Ackman’s Pershing Square offers $64B to buy Universal Music Group

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Activist investor Bill Ackman’s Pershing Square Capital Management is offering to purchase Taylor Swift and Bad Bunny’s music label, Universal Music Group, in a cash-and-stock transaction valued at approximately $64 billion.

Activist investor Bill Ackman’s Pershing Square Capital Management is offering to purchase Taylor Swift and Bad Bunny’s music label, Universal Music Group, in a cash-and-stock transaction valued at approximately $64 billion. The proposed deal would i... [1447 chars]

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Source: AP News

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