Bill Ackman's Pershing Square expects to raise $1.4 billion from the sale of a 2.7% stake in Universal Music Group, according ...

A group of Universal Music Group NV shareholders affiliated with billionaire Bill Ackman’s hedge fund Pershing Square raised ...

The placement comes as Taylor Swift’s record label plans a U.S. share sale agreed in order to fulfill an agreement with ...

News of Ackman's sale in Universal Music Group shares comes shortly after he announced he was hoping to emulate investing ...

It’s not hard to imagine why so many people want to channel Warren Buffett and his legendary firm Berkshire Hathaway ...

Pershing Square’s long-term performance is stellar, and it is trading at a ~30% discount to NAV. Click here to find out why I ...

Universal Music Group shares fell nearly 9% this week on Pershing Square's stock sale, while music stocks were down overall ...

Universal Music stock fell after hedge-fund billionaire Bill Ackman said Pershing Square is cutting its stake in the world’s largest record label. Shares in the label behind Taylor Swift (NL:UMG) were ...

Shares in Universal Music Group fell after hedge fund manager Bill Ackman said his Pershing Square firm would reduce its stake in the world's largest music company. Shares traded 6.9% lower to 25.97 ...

Pershing Square Holding will sell $1.5 billion worth of Universal Music Group shares on the Euronext Amsterdam exchange.