The deal requires Pershing to sell at least $500 million worth of its UMG holdings as part of the listing process.
Universal Music Group plans to launch a U.S. offering of some shares owned by Bill Ackman's Pershing Square, as the hedge-fund billionaire pushes for the record label behind Taylor Swift to list in ...
Digital Music News on MSN11h
Universal Music Group Shares Will Soon Be Listed in the US, Thanks to Activist Investor Pershing SquarePershing Square Holdings is selling some of its shares in Universal Music Group in a listing on the US exchange by September 2025. Universal Music Group (UMG) has announced that Pershing Square and ...
A van delivery entrepreneur whose startup was dubbed the Uber of the moving business was accused of asset-stripping and ...
In total, Getty expects to pay $331 million plus 319.4 million shares of its stock to acquire Shutterstock. At today's share ...
The news came the same day that Pershing Square Holdings, a closed-ended fund owned by PSCM, announced it had received ...
Digital Music News on MSN13d
Pershing Square Completes 2.6% UMG Stock Distribution, Says the Major Label ‘Will Remain An Attractive Long-Term Investment’Pershing Square has distributed about 47 million shares in Universal Music Group (UMG), leaving its own stake at ...
The PSVII funds have elected to distribute UMG stock to their limited partners rather than cash because we believe that UMG stock is substantially undervalued at its current share price ...
According to officials, the US stock market will be open on Tuesday, Dec. 31, with regular hours of 8:30 a.m. to 4 p.m. CT. Bond markets however will close early on New Year's Eve, at 1 p.m. CT.
The Universal Cables is operating in the Cables - Power/Others Sector. It is classified as a Smallcap stock on the BSE. What is the Market Cap of Universal Cables? The market cap of Universal ...
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