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Bill Ackman, Universal Music Group

Bloomberg on MSN · 7h

Ackman’s Pershing Raises $1.4 Billion in UMG Stake Sale

A group of Universal Music Group NV shareholders affiliated with billionaire Bill Ackman’s hedge fund Pershing Square raised more than €1.3 billion ($1.4 billion) from the sale of about a 2.7% stake in the world’s largest music company.

Variety on MSN · 15h

Bill Ackman’s Pershing Square to Raise $1.4 Billion From Sale of 2.7% of Universal Music Group

Bill Ackman’s Pershing Square expects to raise $1.4 billion from the sale of a 2.7% stake in Universal Music Group, according to a report in Bloomberg. Ackman announced the sale on social media, but the numbers are from a Bloomberg source citing knowledge of the deal,

Benzinga · 28m

Bill Ackman Sells Portion Of Universal Music Stake: 'One Of The Best Businesses We Have Ever Owned'

News of Ackman's sale in Universal Music Group shares comes shortly after he announced he was hoping to emulate investing legend Warren Buffett and create a modern-day Berkshire Hathaway holding company with a proposal to acquire a 48% stake in Howard Hughes Holdings HHH.

12d

Billionaire Bill Ackman Has 43% of His Hedge Fund's $14.8 Billion Portfolio Invested in Just 3 Stocks

Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer.

13don MSN

Bill Ackman calls Warren Buffet’s investment strategy too conservative

The hedge fund manager behind Pershing Square Capital Management is a former investor in Berkshire, and has been called the ...

2h

Uber Technologies Stock: Bull vs. Bear

Uber Technologies (NYSE: UBER) has left investors with a range of views. On the one hand, it has performed well in recent ...

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