Categories: Business News

Universal Music buys back part of Ackman's Pershing stake after $64 billion bid fails

By Gianluca Lo Nostro June 4 (Reuters) – Universal Music Group said on Thursday it has repurchased some of the shares sold by Bill Ackman's Pershing Square, after…

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Published: June 4, 2026 16:15:08 IST

By Gianluca Lo Nostro June 4 (Reuters) – Universal Music Group said on Thursday it has repurchased some of the shares sold by Bill Ackman's Pershing Square, after the billionaire investor's takeover

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

Published by
Published: June 4, 2026 16:15:08 IST

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