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Pershing Square Sells Roughly $1.5 Billion In UMG Shares Ahead of US Secondary Listing — But Ackman’s Still Very, Very Bullish“[Lucian Grainge] and the UMG team have done a superb job growing the company,” he added ... urging that UMG do the same. Like Digital Music News' content? Be sure to follow us on MSN.
Pershing Square Holding will sell $1.5 billion worth of Universal Music Group shares on the Euronext Amsterdam exchange.
In December, Drake filed two petitions against Universal Music Group (UMG) in New York and Bexar County, Texas, alleging that UMG artificially inflated Lamar's hit diss record, "Not Like Us." ...
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