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 ...

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 ...

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

Pershing Square CEO Bill Ackman confirmed on Thursday his firm had sold some of its shares in Universal Music Group (UMG).

A group of Universal Music Group NV shareholders affiliated with billionaire Bill Ackman’s hedge fund Pershing Square is set ...

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Howard Hughes Holdings extended its standstill agreement for Pershing Square Capital Management to buy a majority stake in the real estate company. The standstill agreement, which was initiated March ...

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 ...

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The grabber was the first two words. Howard Hughes! Like pet rocks and platform shoes, the name is a relic from the deeply ...

Delaware built its identity on being home to the world’s largest companies. But after Elon Musk’s Tesla took off for Texas, ...