Normal view

Received today — 3 June 2026 Bloomberg Technology

Bill Ackman’s Pershing Square to Exit Universal Music Stake

Bill Ackman is looking to sell his stake in Universal Music Group NV just days after the Amsterdam-listed company rejected a takeover bid by the hedge fund billionaire.

The Universal Music Group headquarters in Santa Monica, California, US, on Tuesday, April 7, 2026. Billionaire activist Bill Ackman has proposed a bid for Universal Music Group NV to increase returns on one of his hedge fund's biggest holdings.
❌