Universal Music’s Board Offers an Official ‘Meh’ on Pershing Square’s $64 Billion Bid
Entertainment – Music
Universal Music Group issues a statement on Pershing Square’s unsolicited offer ahead of the Board of Directors completing its review of the proposal. Pershing Square’s proposed $64 billion takeover scheme for Universal Music Group (UMG) has the industry buzzing and stocks soaring. But the company’s Board of Directors doesn’t seem too keen on the offer, […] Continue reading this story from the source →
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