Time for a Takeover? Universal Music ‘Really Needs a Reset’ and ‘Has to Do Something’ Amid Rumored Investor Concerns, Pershing’s Bill Ackman Says

Universal Music Group (UMG) “has to do something” and “really needs a reset” amid rumored investor concerns as well as a sagging share price – at least according to Pershing Square’s Bill Ackman, who’s weighing in after unveiling a $64 billion offer for the major label conglomerate. Ackman made these and other comments during a […]