Bill Ackman, Universal Music Group and Pershing Square

Universal Music Shares Fall After Ackman’s Pershing Decides to Cut Stake
Hedge fund manager Bill Ackman said his Pershing Square firm would reduce its stake in the world’s largest music company.
Bill Ackman Sells Portion Of Universal Music Stake: 'One Of The Best Businesses We Have Ever Owned'
News of Ackman's sale in Universal Music Group shares comes shortly after he announced he was hoping to emulate investing legend Warren Buffett and create a modern-day Berkshire Hathaway holding company with a proposal to acquire a 48% stake in Howard Hughes Holdings HHH.
Bill Ackman's Pershing Square to Raise $1.4 Billion From Sale of 2.7% of Universal Music Group
Bill Ackman's Pershing Square expects to raise $1.4 billion from the sale of a 2.7% stake in Universal Music Group, according to a report in Bloomberg. Ackman announced the sale on social media, but the numbers are from a Bloomberg source citing knowledge of the deal,
Universal Music Stock Drops After Bill Ackman's Hedge Fund Cuts Stake
Universal Music stock fell after hedge-fund billionaire Bill Ackman said Pershing Square is cutting its stake in the world’s largest record label. Shares in the label behind Taylor Swift (NL:UMG) were down 8.
Billionaire Bill Ackman Has 43% of His Hedge Fund's $14.8 Billion Portfolio Invested in Just 3 Stocks
Bill Ackman is one of the most closely followed portfolio managers in the world. His most recent effort to bring his portfolio management skills to everyday investors involved acquiring control of Howard Hughes Holdings.
Billionaire Investor’s Hedge Fund Has 100% of Its Assets in Just 2 Stocks
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Paul Hilal founded Mantle Ridge in 2016. Before that, he spent a decade as a senior partner at Bill Ackman’s hedge fund,
Ackman’s Pershing Raises $1.4 Billion in UMG Stake Sale
A group of Universal Music Group NV shareholders affiliated with billionaire Bill Ackman’s hedge fund Pershing Square raised more than €1.3 billion ($1.4 billion) from the sale of about a 2.7% stake in the world’s largest music company.
Howard Hughes Committee Dismisses Latest Pershing Square Offer, Enters Standstill Agreement
The real estate company entered a standstill agreement with Bill Ackman’s investment fund to allow more time to explore ...
Bill Ackman says Berkshire will be better run after Warren Buffett. Here’s why
Ackman, head of the $20 billion hedge fund Pershing Square Capital Management, criticized Buffett for being too passive in ...
The Real Deal22d
Bill Ackman’s Pershing Square offers $900M for Howard Hughes stake
Pershing Square, led by Bill Ackman, has proposed a $900 million ... the Houston-based company from 37.6 to 48 percent, the Wall Street Journal reported. The non-binding offer involves acquiring ...
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Pershing Square Sells Roughly $1.5 Billion In UMG Shares Ahead of US Secondary Listing — But Ackman’s Still Very, Very Bullish
Bill Ackman’s Pershing Square has raked in roughly $1.5 billion in the sale of a 2.7% stake in Universal Music Group ahead of a US secondary listing. Ackman announced the sale on social media, while ...