Universal Music Group gets bn takeover offer from Bill Ackman’s Pershing Square

Universal Music Group gets $64bn takeover offer from Bill Ackman’s Pershing Square

Ackman mentioned its administration had “done an excellent job nurturing and continuing to build a world-class artist roster and generating strong business performance”. He mentioned Universal had reshaped the business to place artists at its centre, and had proven it may seize development alternatives from synthetic intelligence whereas defending mental property. But he mentioned the…

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