The billionaire investor is offering to take over the world’s biggest music company (and home to artists like Taylor Swift and Kendrick Lamar) through his hedge fund. The deal for UMG is valued at more than $50 billion and would install Hollywood superagent Michael Ovitz as chair.
[Link: Universal Music receives takeover offer from Bill Ackman’s Pershing Square | https://www.theguardian.com/business/2026/apr/07/universal-music-group-takeover-offer-bill-ackman-pershing-square | the Guardian]
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Universal Music Group x Bill Ackman.
The billionaire investor is offering to take over the world’s biggest music company (and home to artists like Taylor Swift and Kendrick Lamar) through his hedge fund. The deal for UMG is valued at … [612 chars]
Source: The Verge | Published: 2026-04-07T08:01:44Z
Credit: The Verge
