The fund majority owned by billionaire investor Bill Ackman is set to leave the Netherlands, a move Ackman wants Universal Music Group to make, as well.
The fund majority owned by billionaire investor Bill Ackman is set to leave the Netherlands, a move Ackman wants Universal Music Group to make, as well.
After board member Bill Ackman called on the company to list on a U.S. stock exchange last week, Billboard asked financial experts how that could change the company’s worth.
After board member Bill Ackman called on the company to list on a U.S. stock exchange last week, Billboard asked financial experts how that could change the company’s worth.
The head of Pershing Square Capital, which owns 10% of UMG’s stock, said moving UMG to the U.S. after attacks on Israelis overnight in Amsterdam makes “good business” sense.
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