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Universal Music stock rises after Pershing Square's $64 billion takeover proposal

Bill Ackman's Pershing Square said Universal Music's stock price has "languished" due to a range of issues that can be addressed with the merger.

1 report1 sourceApr 8, 2026, 5:56 AM
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CNBCApr 8, 2026, 5:56 AM

Universal Music stock rises after Pershing Square's $64 billion takeover proposal

Bill Ackman's Pershing Square said Universal Music's stock price has "languished" due to a range of issues that can be addressed with the merger.

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