Billionaire investor Bill Ackman has proposed a €56 billion deal to merge Universal Music Group with a US acquisition vehicle, delivering shareholders a 78% premium and a potential New York Stock Exchange listing.
Bill Ackman proposes €56 billion acquisition of Universal Music Group
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Story Timeline
Tue 10:35 - BBC Headlines
Music giant Universal gets $64bn takeover offer
Tue 11:49 - La Libre (BE)
“He’s like the little crybaby in the playground”: who is the billionaire who wants to buy Universal
Tue 14:24 - Rzeczpospolita (PL)
A big deal on the music market. Bill Ackman wants to take over Universal Music
Tue 15:12 - Euronews
Bill Ackman proposes €56 billion acquisition of Universal Music Group