Pershing Square Proposes a €55 Billion Takeover of Universal Music Group

Bill Ackman’s hedge fund, Pershing Square, has launched a non-binding takeover bid valuing Universal Music Group at nearly €55 billion. We saw this coming... UMG announced a share buyback program a few days ago, but the major label’s market capitalization remains at an all-time low. This situation opened the door…

Pershing Square propose un rachat d’Universal Music Group pour 55 milliards d’euros

Le fonds de Bill Ackman, Pershing Square, a lancé une offre de rachat non contraignante valorisant Universal Music Group à près de 55 milliards d'euros. On le sentait venir... UMG a annoncé un programme de rachat d'actions, il y a quelques jours, mais la capitalisation boursière de la major est…