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

A group of Universal Music Group NV shareholders affiliated with billionaire Bill Ackman’s hedge fund Pershing Square raised ...

Pershing Square CEO Bill Ackman confirmed on Thursday his firm had sold some of its shares in Universal Music Group (UMG).

Streaming apps like Netflix, Spotify, and YouTube are adding more tiers, pushing people to upgrade, and increasingly focusing ...

Shares in music company Universal Music Group opened down 9% on Friday after hedge fund manager Bill Ackman’s Pershing Square ...

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Karol G was hit with a copyright lawsuit over "Mañana Será Bonito" song "Gatúbela," with two producers saying it stole key elements from their track.

Pershing Square reported that UMG was their largest holding at the start of the day, accounting for approximately 27% of ...

Pershing Square Holding will sell $1.5 billion worth of Universal Music Group shares on the Euronext Amsterdam exchange.

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 ...

European shares held steady on Friday but were on track for a weekly fall as escalating global trade tensions amplified ...

European shares rose on Friday but were on track for their biggest weekly fall in three months, as escalating global trade ...