The deal requires Pershing to sell at least $500 million worth of its UMG holdings as part of the listing process.
Pershing Square Holdings is selling some of its shares in Universal Music Group in a listing on the US exchange by September 2025. Universal Music Group (UMG) has announced that Pershing Square and ...
Bill Ackman, the billionaire investor who operates the Pershing Square hedge fund, has been involved with Howard Hughes since ...