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

Nye & Company Auctioneers will hold a two-day, online-only Gentleman’s Collector auction on Wednesday and Thursday, June 12th and 13th, beginning promptly at 10 am Eastern time both days.

In November 1911, the French banker Albert Kahn revealed his plans for an undertaking that was global in scale and utopian in ...