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  "path": "/2026/music/news/bill-ackman-pershing-square-universal-music-takeover-bid-1236710125/",
  "publishedAt": "2026-04-07T06:55:39.000Z",
  "site": "https://variety.com",
  "tags": [
    "News",
    "Bill Ackman",
    "Pershing Square",
    "Universal Music Group"
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  "textContent": "Bill Ackman’s Pershing Square Capital Management disclosed early Tuesday that a takeover bid for Universal Music Group has been submitted to UMG’s board. The offer includes about $10.9 billion in cash, plus additional stock that pushes the total consideration to about $35 a share. Pershing Square said that UMG’s stock has been undervalued because of […]",
  "title": "Bill Ackman’s Pershing Square Capital Unveils Takeover Bid for Universal Music Group"
}