Bill Ackman’s Pershing Square launches bid for Universal Music Group
City A.M. | London's Business Newspaper - News, Opinion, & Anal…
April 7, 2026
An investment company helmed by billionaire hedge fund investor Bill Ackman has offered to buy the world’s largest music company in a $63bn bid. Pershing Square said on Tuesday it plans to form a new US-listed company through a merger with Universal Music Group (UMG), pulling its Amsterdam listing. The deal would give Universal investors [...]
Discussion in the ATmosphere