Music giant Universal gets $64bn takeover offer
The music giant behind acts such as Taylor Swift and Sabrina Carpenter gets an offer from Bill Ackman's Pershing Square.
The music giant behind acts such as Taylor Swift and Sabrina Carpenter gets an offer from Bill Ackman's Pershing Square. Grouped from 2 articles across 2 sources.
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The music giant behind acts such as Taylor Swift and Sabrina Carpenter gets an offer from Bill Ackman's Pershing Square.
Bill Ackman’s Pershing Square claims world’s biggest music company has suffered due to delay of US listing Business live – latest updates Billionaire Bill Ackman’s hedge fund has offered to buy Universal Music Group (UMG) in a deal that values the world’s biggest music company at around €55bn (£48bn). Pershing Square, the New-York based hedge fund, has offered to buy the business, which is home to artists including Taylor Swift and Elton John, in a cash and stock deal. Continue reading...
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Proposed transaction would combine world’s largest music group with a blank-cheque company
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.
Universal Music, the label behind superstars Taylor Swift and Bad Bunny, is expected to list in NY from Amsterdam.
Central Queensland irrigators are demanding a "fair go" from two mega water users that are pumping from a ratepayer-owned storage without paying anything for its multimillion-dollar costs.
But financier needs the backing of Vincent Bolloré and his Vivendi media group
West was due to headline the festival in July but drew criticism over past antisemitic comments. Grouped from 13 articles across 9 sources.