The placement comes as Taylor Swift’s record label plans a U.S. share sale agreed in order to fulfill an agreement with ...

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

Hedge fund manager Bill Ackman said his Pershing Square firm would reduce its stake in the world’s largest music company.

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

It’s not hard to imagine why so many people want to channel Warren Buffett and his legendary firm Berkshire Hathaway ...

News of Ackman's sale in Universal Music Group shares comes shortly after he announced he was hoping to emulate investing ...

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

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

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 ...

Universal Music Group shares fell nearly 9% this week on Pershing Square's stock sale, while music stocks were down overall amid a market tumble.

Investing.com -- Bill Ackman’s Pershing Square (NYSE: XYZ) Capital announced its decision to reduce its stake in Universal ...