Bill Ackman’s Pershing Square expects to raise $1.4 billion from the sale of a 2.7% stake in Universal Music Group.
Hedge fund manager Bill Ackman said his Pershing Square firm would reduce its stake in the world’s largest music company.
Council again defers a decision on a $2.89 million grant to Opportunity House for a supportive housing project.
Uber Technologies ( UBER -2.37%) has left investors with a range of views. On the one hand, it has performed well in recent quarters, delivering growth and profits. It has also attracted billionaire ...