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Universal Music Group Officially Rejects Bill Ackman’s $64 Billion Takeover Bid

Universal Music Group Officially Rejects Bill Ackman’s $64 Billion Takeover Bid

adminkush

LA KW

mayo 30, 2026 • 5 min lectura

The board of Universal Music Group has rejected an unsolicited $64 billion takeover offer from Bill Ackman’s Pershing Square Capital, the company announced on Friday. The move comes a day after key shareholder Cyrille Bollore urged UMG to reject the offer. The “Board of Directors has unanimously determined that the unsolicited and non-binding proposal it […]

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