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  "path": "/2026/04/universal-music-takeover-bill-ackman-pershing-square-1236783291/",
  "publishedAt": "2026-04-07T08:22:06.000Z",
  "site": "https://deadline.com",
  "tags": [
    "News",
    "Bill Ackman",
    "Universal Music Group"
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  "textContent": "Bill Ackman’s Pershing Square has submitted a bid to buy Universal Music Group (UMG) in a cash and stock deal worth $64.4 billion. The proposed bid would see shareholders receive $10.85 billion in cash and 0.77 shares of stock in the new company for each share of UMG held. In a statement this morning, Ackman […]",
  "title": "Universal Music Receives $64 Billion Takeover Bid From Bill Ackman’s Pershing Square"
}