Bill Ackman’s Pershing Square expects to raise $1.4 billion from the sale of a 2.7% stake in Universal Music Group.

The sale on the Euronext Amsterdam exchange is separate from Pershing Square's plan to force a listing on a U.S. exchange. By Glenn Peoples Hedge fund Pershing Square Holdings is parting with 50 ...

Pershing Square Holdco, a vehicle controlled by billionaire investor Bill Ackman, revised its proposal to acquire a hefty chunk of Howard Hughes Holdings (NYSE:HHH) shares, including boosting the ...

Bill Ackman’s bid for Howard Hughes is ambitious but faces challenges due to Pershing Square's limited operational experience and the bid's current form being insufficient. Pershing Square aims ...

Billionaire investor Bill Ackman is making a big move with his firm, Pershing Square Capital Management, as he looks to expand his stake in Howard Hughes Holdings (NYSE:HHH). On Feb. 18 ...

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 ...

The company's shares dropped on major shareholder Pershing Square's plan to sell 50 million shares, capping off a rough week for most music stocks. By Glenn Peoples The music business has ...

Shares in Universal Music Group fell after hedge fund manager Bill Ackman said his Pershing Square firm would reduce its stake in the world's largest music company. Shares traded 6.9% lower to 25. ...

A group of Universal Music Group shareholders affiliated with billionaire Bill Ackman’s hedge fund Pershing Square raised more than $1.4 billion from the sale of a 2.7% stake in the world’s ...

(Bloomberg) -- A group of Universal Music Group NV shareholders affiliated with billionaire Bill Ackman’s hedge fund Pershing Square is set to raise about €1.3 billion ($1.4 billion ...