From Pershing Square’s $64 billion bid for UMG to Wireless Festival’s Kanye West cancellation… it’s MBW’s weekly round-up
Welcome to Music Business Worldwide’s Weekly Round-up – where we make sure you caught the five biggest stories to hit ...
Tag: Pershing
Bill Ackman’s Pershing Square to raise $1.4bn from sale of 2.7% stake in Universal Music Group (report)
Bill Ackman’s Pershing Square is set to raise $1.4 billion from the sale of “about a 2.7% stake” in Universal ...
Universal Music Group to list on US exchange; Pershing Square to sell $500m stock to make it happen
Universal Music Group (UMG) announced Wednesday (January 15) that Pershing Square Holdings, led by billionaire investor Bill Ackman, has requested ...
Bill Ackman’s Pershing Square USA withdraws IPO, citing investor uncertainty
Bill Ackman’s Pershing Square Capital Management has surprisingly pulled the plug on the initial public offering (IPO) of its new ...
Bill Ackman massively scales back expectations for the IPO of his Pershing Square USA, from $25bn to $2bn
Bill Ackman, whose Pershing Square Holdings is one of Universal Music Group (UMG)’s largest shareholders, has massively reduced the price ...
