Pershing Square: Deutsche Numis upgrades FTSE 100 trust
Deutsche Numis has upgraded FTSE 100 trust Pershing Square, run by infamous hedge fund manager Bill Ackman, to a ‘buy’. In a ...
Digital Music News on MSN7d
Pershing Square Sells Roughly $1.5 Billion In UMG Shares Ahead of US Secondary Listing — But Ackman’s Still Very, Very Bullish
Bill Ackman’s Pershing Square has raked in roughly $1.5 billion in the sale of a 2.7% stake in Universal Music Group ahead of ...
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 ...
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 ...
Billboard9d
Pershing Square to Sell $1.5 Billion of Universal Music Group Shares
The sale on the Euronext Amsterdam exchange is separate from Pershing Square's plan to force a listing on a U.S. exchange. By Glenn Peoples Hedge fund Pershing Square Holdings is parting with 50 ...
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.
Pershing Square trims UMG stake, maintains it as largest position in portfolio
Pershing Square reported that UMG was their largest holding at the start of the day, accounting for approximately 27% of ...
Morningstar7d
Universal Music Shares Fall After Ackman's Pershing Decides to Cut Stake
Ackman said that Universal Music has substantially outperformed the rest of Pershing Square's portfolio thanks to strong recent results. Write to Pierre Bertrand at [email protected] We sell ...
Reuters9d
Pershing Square's Ackman confirms sale of some of its UMG shares
PARIS, March 13 (Reuters) - Pershing Square (PSHP.L), opens new tab CEO ... it will still be our largest position at about 17% of the portfolio," he said.
Universal Music Shares Fall After Ackman's Pershing Decides to Cut Stake
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 ...
Wall Street Journal7d
Universal Music Shares Fall After Ackman’s Pershing Decides to Cut Stake
Shares in Universal Music Group UMG-0.59%decrease; red down pointing triangle fell after hedge fund manager Bill Ackman said his Pershing Square firm would reduce its stake in the world’s ...