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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.
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