Bill Ackman
Ackman’s $64 Billion Encore: Pershing Square Launches Bold Bid to Re-Shore Universal Music Group to New York
In a move that has sent shockwaves through the global financial markets, Bill Ackman’s Pershing Square Capital Management has launched a definitive $64 billion bid to acquire Universal Music Group (AMS: UMG). The proposal, unveiled early Tuesday, April 7, 2026, aims to take the world’s largest music company