Categories: Entertainment

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

(Corrects to say Ackman resigned from UMG board to focus on other investments in last paragraph) By Gianluca Lo Nostro June 4 (Reuters) – Universal Music Group said…

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Published: June 4, 2026 23:55:09 IST

(Corrects to say Ackman resigned from UMG board to focus on other investments in last paragraph) By Gianluca Lo Nostro June 4 (Reuters) – Universal Music Group said on Thursday it has repurchased some

(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 23:55:09 IST

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