Bill Ackman's Pershing Square expects to raise $1.4 billion from the sale of a 2.7% stake in Universal Music Group, according ...

The placement comes as Taylor Swift’s record label plans a U.S. share sale agreed in order to fulfill an agreement with ...

A group of shareholders affiliated with billionaire Bill Ackman’s hedge fund Pershing Square are offering to sell about 2.7% ...

Pershing Square’s long-term performance is stellar, and it is trading at a ~30% discount to NAV. Click here to find out why I ...

It’s not hard to imagine why so many people want to channel Warren Buffett and his legendary firm Berkshire Hathaway ...

News of Ackman's sale in Universal Music Group shares comes shortly after he announced he was hoping to emulate investing ...

Explore Bill Ackman's bold bid for Howard Hughes, its potential challenges, valuation insights, and the ambitious plan to ...

Universal Music stock fell after hedge-fund billionaire Bill Ackman said Pershing Square is cutting its stake in the world’s largest record label. Shares in the label behind Taylor Swift (NL:UMG) were ...

PARIS, March 13 (Reuters) - Pershing Square (PSHP.L), opens new tab CEO Bill Ackman confirmed on Thursday his firm had sold some of its shares in Universal Music Group (UMG) (UMG.AS), opens new tab.

Shares in Universal Music Group fell after hedge fund manager Bill Ackman said his Pershing Square firm would reduce its stake in the world's largest music company. Shares traded 6.9% lower to 25.97 ...