Welcome to Music Business Worldwide’s weekly round-up – where we make sure you caught the five biggest stories to hit our ...

Bill Ackman’s Pershing Square is set to raise $1.4 billion from the sale of “about a 2.7% stake” in Universal Music Group. That’s according to Bloomberg, which reported this afternoon (March 13) that ...

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 ...

Uber Technologies (NYSE: UBER) has left investors with a range of views. On the one hand, it has performed well in recent ...

European shares rose on Friday but were on track for their biggest weekly fall in three months, as escalating global trade ...

This week, Southwest Airlines announced that it would start charging its customers for checked bags. The move came after months of relentless pressure from hedge fund Elliott Management, which has ...

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

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

(Bloomberg) -- A group of Universal Music Group NV shareholders affiliated with billionaire Bill Ackman’s hedge fund Pershing Square is set to raise about €1.3 billion ($1.4 billion) from the sale of ...

Pershing Square Holding will sell $1.5 billion worth of Universal Music Group shares on the Euronext Amsterdam exchange.