Ackman’s Pershing Square Moves to Kick Off Universal Music U.S. Listing Plan
The record label behind Taylor Swift plans to launch a U.S. offering of some shares owned Bill Ackman’s Pershing Square, as ...
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Drake sues Universal Music Group over Kendrick Lamar diss track “Not Like Us”
Drake has taken legal action against Universal Music Group (UMG), filing a defamation lawsuit on Wednesday, January 15, in a New York federal court. According to TMZ, the case revolves around ...
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Universal Music Group to list on US exchange; Pershing Square to sell $500m stock to make it happen
The deal requires Pershing to sell at least $500 million worth of its UMG holdings as part of the listing process.
Drake files lawsuit against UMG over Kendrick Lamar’s ‘Not Like Us’
After threatening legal action two months ago, Drake officially sued his record label, Universal Music Group, over Kendrick ...
Taylor Swift's Record Label Is Headed for a U.S. Listing
Shares in Universal Music, the world's largest record label, could soon be listed on a U.S. exchange, as a result of a $500 million stock offering by Bill Ackman's Pershing Square. The hedge-fund ...
Drake sues Universal Music for defamation related to Kendrick Lamar diss track
The leading hip-hop superstar beef has been cranked up another notch, with Drake suing Universal Music Group for defamation ...
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Pershing Square Completes 2.6% UMG Stock Distribution, Says the Major Label ‘Will Remain An Attractive Long-Term Investment’
Pershing Square has distributed about 47 million shares in Universal Music Group (UMG), leaving its own stake at ...
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Pershing Square Capital Management, L.P. Announces Completion of PSVII Funds and the Distribution of 2.6% of Universal Music Group N.V. (“UMG”) Stock to Limited Partners
to hold shares of Universal Music Group N.V. (“UMG”) in connection with Pershing Square’s initial purchase of shares from Vivendi in September 2021. The PSVII funds have elected to ...