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All of Nothing at All: Bill Ackman’s Pershing Square Moves to Dump Universal Music Shares Following Failed Takeover Bid

Entertainment – Music

On the heels of its failed Universal Music Group (UMG) takeover attempt, Bill Ackman’s Pershing Square is reportedly preparing to sell off its remaining interest in the major label. That’s according to an early release from Bank of America, which pointed to Pershing’s imminent divestment of approximately 80.6 million shares. Via various Pershing funds, Ackman […] Continue reading this story from the source →

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