The deal requires Pershing to sell at least $500 million worth of its UMG holdings as part of the listing process.
The record label behind Taylor Swift plans to launch a U.S. offering of some shares owned Bill Ackman’s Pershing Square, as ...
Universal Music Group NV has agreed to plan a US share sale by Sept. 15, in order to fulfill an agreement with billionaire ...
With a $1 billion buyout offer on the table, Summerlin’s developer could undergo another corporate shakeup.
Universal Music Group said on Wednesday that billionaire Bill Ackman-led Pershing Square has exercised its right to request ...