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…

Add NewsX As A Trusted Source
Add as a preferred
source on Google
Published by
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

Recent Posts

AI could pose ‘existential’ risk to humanity, UN rights chief warns

By Emma Farge GENEVA, Sept 7 (Reuters) - U.N. rights chief Volker Turk warned on…

September 7, 2026

Volkswagen finds defence future for German plant amid major overhaul

By Christina Amann and Christoph Steitz OSNABRUECK, Germany, Sept 7 (Reuters) - Volkswagen on Monday…

September 7, 2026

WMO: Heatwaves and wildfires causing increasingly deadly pollution

Geneva (dpa) - Heatwaves and wildfires are hampering the fight for clean air, according to…

September 7, 2026