Bill Ackman to Sell $290.5 Million in Stock Back to Universal Music After Rejected Takeover Offer

https://fed.brid.gy/r/https://variety.com/2026/music/news/bill-ackman-sell-290-5-million-stock-back-universal-music-1236767087/

Bill Ackman to Sell $290.5 Million in Stock Back to Universal Music

Bill Ackman is poised to sell $290.5 million in stock back to Universal Music Group after a rejected takeover offer.

Variety

Universal Purchases Part of Bill Ackman’s Pershing Square Shares in UMG

https://fed.brid.gy/r/https://www.billboard.com/pro/umg-purchases-bill-ackman-pershing-square-shares/

Bill Ackman to Sell Remaining Universal Music Stock After Failed Acquisition Bid

The sale will end a tumultuous five-year relationship between Ackman and the world's largest music company.

The Hollywood Reporter

Universal Music Group’s Board Rejects Pershing Square Offer: ‘It Fundamentally Undervalues UMG’

https://fed.brid.gy/r/https://www.billboard.com/pro/universal-music-groups-board-rejects-pershing-square-offer/

Universal Music Group Rejects Bill Ackman’s $64B Takeover Proposal: “It Fundamentally and Materially Undervalues UMG”
#Music #MusicIndustryNews #BillAckman #UniversalMusicGroup

https://www.hollywoodreporter.com/music/music-industry-news/umg-rejects-bill-ackman-acquisition-proposal-1236608857/

Universal Music Group Rejects Bill Ackman’s $64B Takeover Proposal: “It Fundamentally and Materially Undervalues UMG”

UMG's board of directors said Friday the proposal "is not in the best interests of UMG, its shareholders, artists, songwriters, employees and other stakeholders."

The Hollywood Reporter
Universal Music Group Rejects Bill Ackman’s $64 Billion Takeover Bid

The Universal Music Group board has rejected a $64 billion takeover bid from Bill Ackman’s Pershing Square, saying it is 'not in [its ]best interests'

Variety
Cyrille Bolloré Encourages Universal Music Group To Reject Bill Ackman’s $64B Offer

Cyrille Bolloré Encourages Universal Music Group To Reject Bill Ackman’s $64B Offer

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