Bill Ackman, Pershing Square and Universal Music Group

Bill Ackman's Pershing Square to Raise $1.4 Billion From Sale of 2.7% of Universal Music Group
Bill Ackman's Pershing Square expects to raise $1.4 billion from the sale of a 2.7% stake in Universal Music Group, according to a report in Bloomberg. Ackman announced the sale on social media, but the numbers are from a Bloomberg source citing knowledge of the deal,
Bill Ackman’s Pershing Square to raise $1.4bn from sale of 2.7% stake in UMG (report)
Bill Ackman’s Pershing Square is set to raise $1.4 billion from the sale of “about a 2.7% stake” in Universal Music Group. That’s according to Bloomberg, which reported this afternoon (March 13) that it has seen terms of a deal that show “Pershing Square Holdings Ltd.
Pershing Square files to sell 50M Universal Music shares
Pershing Square Holdings announces the launch of a sale of 50M ordinary shares in Universal Music Group (UMGNF), corresponding to approximately
Ackman’s Pershing Raises $1.4 Billion in UMG Stake Sale
A group of Universal Music Group NV shareholders affiliated with billionaire Bill Ackman’s hedge fund Pershing Square raised more than €1.3 billion ($1.4 billion) from the sale of about a 2.7% stake in the world’s largest music company.
Pershing Square's Ackman confirms sale of some of its UMG shares
Pershing Square CEO Bill Ackman confirmed on Thursday his firm had sold some of its shares in Universal Music Group (UMG). "We decided to sell a portion of our UMG position today," he wrote on X. "UMG was our largest position going into the day at more than around 27% of our capital.
Bill Ackman calls Warren Buffet’s investment strategy too conservative
The hedge fund manager behind Pershing Square Capital Management is a former investor in Berkshire, and has been called the ...
Pershing Square trims UMG stake, maintains it as largest position in portfolio
Pershing Square reported that UMG was their largest holding at the start of the day, accounting for approximately 27% of ...
Pershing Square extends standstill with Howard Hughes
Pershing Square Holdco, the parent holding company of Pershing Square Capital Management, announced that PSCM has extended the term of its ...
Commercial Observer10d
Howard Hughes Holdings Rejects Pershing Square Acquisition Bid
Howard Hughes Holdings has rejected Pershing Square Capital Management’s latest bid to merge with the commercial real estate ...
Nasdaq1d
Howard Hughes Holdings Inc. Extends Standstill Agreement with Pershing Square Capital Management L.P. to April 2025
Howard Hughes Holdings Inc. announced an extension of its standstill agreement with Pershing Square Capital Management L.P., which will now remain effective until April 7, 2025, unless further ...
Howard Hughes Holdings rejects Bill Ackman’s buyout offer
The board deemed Pershing Square Capital’s acquisition proposal “not acceptable in its current form,” and both sides signed a ...
Decoding Ackman's $900 Million Proposal For Howard Hughes
Explore Bill Ackman's bold bid for Howard Hughes, its potential challenges, valuation insights, and the ambitious plan to ...
CFO.com10d
Pershing Square’s Bill Ackman calls out Warren Buffett’s operational approach: Trial Balance
Ackman said he hopes to build “a modern Berkshire Hathaway," and expressed confidence in Buffett’s successor’s ability to ...