Pershing Square, UMG and on Ackman

Ackman’s Pershing to Raise $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 is set to raise about €1.3 billion ($1.4 billion) from the sale of about a 2.7% stake in the world’s largest music company.
Bill Ackman’s Pershing Square to raise $1.4bn from sale of 2.7% stake in UMG (report)
Bill Ackman’s Pershing Square is set to raise $1.4 billion from the sale of “about a 2.7% stake” in Universal Music Group. That’s according to Bloomberg, which reported this afternoon (March 13) that it has seen terms of a deal that show “Pershing Square Holdings Ltd.
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 Music Group (AS: UMG ). Despite the sale, UMG continues to hold the largest position in Pershing Square’s portfolio.
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.
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 Universal Music Group N.V. (OTCPK:UMGNF), which translates to about 2.7% of UMG’s issued share capital,
Pershing Square extends standstill with Howard Hughes
Pershing Square Holdco, the parent holding company of Pershing Square Capital Management, announced that PSCM has extended the term of its ...
Howard Hughes deems Pershing Square’s offer ‘not acceptable in current form,’ but talks continue
The Woodlands-based Howard Hughes Holdings Inc. hasn’t accepted the latest takeover offer from its former chairman’s firm — ...
Decoding Ackman's $900 Million Proposal For Howard Hughes
Explore Bill Ackman's bold bid for Howard Hughes, its potential challenges, valuation insights, and the ambitious plan to ...
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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Howard Hughes Rejects Ackman’s Latest Takeover Plan But Leaves Door Open To Buyout
The board of directors for the developer of master-planned communities called the $90-per-share offer from Pershing Square ...
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Transaction in Own Shares
Pershing Square Holdings, Ltd. Announces Transactions in Own Shares - 10 March 2025 Pershing Square Holdings, Ltd. (LN:PSH) (LN:PSHD) (“PSH”) today ...
Howard Hughes Extends Standstill Agreement with Pershing Square
There can be no assurance that discussions with Pershing Square will result in any particular outcome, and HHH does not intend to comment further on these matters until HHH determines that additional ...
Pershing Square Extends Standstill with Howard Hughes Holdings
Pershing Square Holdco, L.P. ("Pershing Square"), the parent holding company of Pershing Square Capital Management, L.P. ("PSCM"), today announced that PSCM has extended the term of its standstill ...
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Total Voting Rights
About Pershing Square Holdings, Ltd. Pershing Square Holdings, Ltd. (LN:PSH) (LN:PSHD) is an investment holding company structured as a closed-ended fund. Media Contact Camarco Ed Gascoigne-Pees ...