Universal Music Group declines Pershing Square proposal

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Universal Music Group rejected a $64.4 billion takeover bid from Pershing Square, stating the offer undervalues the company and fails to deliver superior value. The board affirmed UMG’s commitment to sustainable growth and stakeholder interests.

05/29 08:55 PM investing.com

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Universal Music Group declines Pershing Square proposal

05/29 08:56 PM thewrap.com

Universal Music Group Rejects $64 Billion Takeover Bid From Bill Ackman’s Pershing Square

#BUSINESS #CRIME #POLITICS

05/29 09:47 PM investing.com

Universal Music rejects Bill Ackman Pershing Square’s $65 bln buyout offer

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