Michael Ovitz will be chairman of the board of Universal Music Group if billionaire Bill Ackman‘s bid for the music giant goes through — marking a return to the entertainment business for the CAA ...

Three days after Bill Ackman pitched a deal for Universal Music Group NV that he estimates values the record label giant at €56 billion ($66 billion), the Dutch company’s stock remains steadfastly ...

Billionaire hedge fund investor Bill Ackman wants to be in charge of Taylor Swift, BTS, and Kendrick Lamar. Or so it would seem, given the Pershing Square founder’s announcement yesterday of a ...

Universal isn’t on board with Suno’s push for AI-generated music sharing, according to the Financial Times. Universal isn’t on board with Suno’s push for AI-generated music sharing, according to the ...

Bill Ackman has unveiled a cash-and-stock bid for Universal Music Group valuing the music giant at roughly $65 billion — sending its shares soaring. The proposal by Ackman’s hedge fund Pershing Square ...

Bill Ackman’s Pershing Square has offered to buy Universal Music Group in a deal worth about €55 billion ($63.50 billion). Under the terms of the proposal, the Dutch-American music company, whose ...

American hedge fund Pershing Square, led by the activist investor Bill Ackman, announced Tuesday that it had offered to buy Universal Music Group in a merger, saying it believed the world's biggest ...

Shares in Universal Music Group shareholders Vivendi increased nearly 10% and Bollore rose 5.6%, after Bill Ackman's Pershing Square made a bid to for the record label. Bollore Group, controlled by ...

Bill Ackman's Pershing Square said Universal Music's stock price has "languished" due to a range of issues that can be addressed with the merger. The activist investor proposed to buy the company for ...

The complex transaction pitched by the billionaire hedge fund manager would need to pass muster with the music giant’s shareholders. By Michael J. de la Merced and Lauren Hirsch Michael de la Merced ...