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  "path": "/2026/music/news/universal-music-group-rejects-bill-ackman-takeover-bid-1236762471/",
  "publishedAt": "2026-05-29T17:59:43.000Z",
  "site": "https://variety.com",
  "tags": [
    "News",
    "Bill Ackman",
    "Pershing Square",
    "Universal Music Group"
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  "textContent": "The board of Universal Music Group has rejected an unsolicited $64 billion takeover offer from Bill Ackman’s Pershing Square Capital, the company announced on Friday. The move comes a day after key shareholder Vincent Bollore urged UMG to reject the offer. The “Board of Directors has unanimously determined that the unsolicited and non-binding proposal it […]",
  "title": "Universal Music Group Officially Rejects Bill Ackman’s $64 Billion Takeover Bid"
}