Pershing Square, Universal Music Group and Bill Ackman

Universal Music Group Shares Fall Nearly 9% on Pershing Square Stock Sale
Universal Music Group shares fell nearly 9% this week on Pershing Square's stock sale, while music stocks were down overall amid a market tumble.
Bill Ackman’s Pershing raises $1.4 billion in Universal Music Group stake sale
The placement comes as Taylor Swift’s record label plans a U.S. share sale agreed in order to fulfill an agreement with Pershing Square.
Bill Ackman’s Pershing Square to Raise $1.4 Billion From Sale of 2.7% of Universal Music Group
Bill Ackman’s Pershing Square expects to raise $1.4 billion from the sale of a 2.7% stake in Universal Music Group.
Bill Ackman Sells Portion Of Universal Music Stake: 'One Of The Best Businesses We Have Ever Owned'
News of Ackman's sale in Universal Music Group shares comes shortly after he announced he was hoping to emulate investing legend Warren Buffett and create a modern-day Berkshire Hathaway holding company with a proposal to acquire a 48% stake in Howard Hughes Holdings HHH.
Pershing Square's Ackman confirms sale of some of its UMG shares
Pershing Square CEO Bill Ackman confirmed on Thursday his firm had sold some of its shares in Universal Music Group (UMG). "We decided to sell a portion of our UMG position today," he wrote on X. "UMG was our largest position going into the day at more than around 27% of our capital.
Universal Music Shares Fall After Ackman’s Pershing Decides to Cut Stake
Hedge fund manager Bill Ackman said his Pershing Square firm would reduce its stake in the world’s largest music company.
Ackman’s Pershing Raises $1.4 Billion in UMG Stake Sale
A group of Universal Music Group NV shareholders affiliated with billionaire Bill Ackman’s hedge fund Pershing Square raised more than €1.3 billion ($1.4 billion) from the sale of about a 2.7% stake in the world’s largest music company.
Pershing Square to Sell $1.5 Billion of Universal Music Group Shares
Pershing Square Holding will sell $1.5 billion worth of Universal Music Group shares on the Euronext Amsterdam exchange.
A plea to tourists: Los Angeles wants you back
As for the future of travel to the city, Burke is thinking longer term and is “full of optimism.” Next year, Los Angeles will ...
Pershing Square Holdings Ltd. Releases 2024 Annual Financial Statements
Pershing Square Holdings, Ltd. (LN:PSH) (LN:PSHD) today issued the PSH annual report and financial statements for the year ...
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Bill Ackman Wants to Build a “Modern-day” Berkshire Hathaway—Here’s How
It’s not hard to imagine why so many people want to channel Warren Buffett and his legendary firm Berkshire Hathaway ...
Pershing Square announces launch of secondary offering of 50M UMG shares
Bill Ackman's Pershing Square (OTCPK:PSHZF) has announced the launch of a secondary offering of 50M ordinary shares in ...
Transaction in Own Shares
PSH will hold these Public Shares in Treasury. The net asset value per Public Share related to this buyback is 70.69 USD / 54.58 GBP which was calculated as of 11 March 2025. After giving effect to ...
How activist Mantle Ridge's presence at Cognizant can help lift the company's valuation
Signals suggest that Mantle Ridge likes Cognizant’s new leadership and supports the board’s actions. The Street may come to ...
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Pershing Square’s Bill Ackman calls out Warren Buffett’s operational approach: Trial Balance
Ackman said he hopes to build “a modern Berkshire Hathaway," and expressed confidence in Buffett’s successor’s ability to ...
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Pershing Square trims UMG stake, maintains it as largest position in portfolio
Investing.com -- Bill Ackman’s Pershing Square (LON: PSHP) Capital announced its decision to reduce its stake in Universal ...