Universal Music Group rejects $65 billion takeover bid from Bill Ackman’s Pershing Square

Universal Music Group decides to rebuff Bill Ackman’s $65 billion takeover bid, saying it undervalues the company.

Universal Music (UMG) Rejects Bill Ackman’s $65 Billion Takeover Offer

Universal Music Group (UMG) has rejected an unsolicited $65 billion takeover offer from Bill Ackman’s Pershing Square Capital ...

Universal Music Group Rejects $65 Billion Buyout Offer From Bill Ackman

Universal’s biggest shareholder is opposed to deal, saying it undervalued the world’s largest music company.

Universal Music Group’s Board Rejects Pershing Square Offer: ‘It Fundamentally Undervalues UMG’

UMG's board believes it has a "strong consensus" of investors behind its decision to reject Pershing's offer, following criticism of the bid aired by its largest shareholder. By Elizabeth Dilts ...

Universal Music Group declines Bill Ackman takeover proposal

By Dawn Chmielewski May 29 (Reuters) - Universal Music Group's board on Friday unanimously rejected an unsolicited takeover ...
Malay Mail

Universal says no encore as Bill Ackman’s bid to remix music giant hits a flat note

Entertainment giant Universal Music Group (UMG) on Friday rejected an investment and restructuring proposal from US hedge ...
Digital Music News on MSN

Universal Music board unanimously rejects Pershing Square offer

As expected, Universal Music Group’s board has formally rejected Pershing Square’s $64 billion takeover proposal after being ...

Universal Music Shareholder Deals Blow to Bill Ackman’s $65 Billion Bid

The chief executive of Bollore Group called on the record label to reject the bid from Pershing Square Capital.

Universal Music Group Rejects Bill Ackman's $64 Billion Takeover Bid

The board of Universal Music Group has rejected an unsolicited $64 billion takeover offer from Bill Ackman's Pershing Square ...