Billionaire Bill Ackman Calls on Universal Music to Move Its Listing to U.S. After Amsterdam Attacks, UMG Says He Does Not Have That Right
Billionaire Bill Ackman said in a social media post on Friday that he will attempt to terminate the Amsterdam listings of ...
Bill Ackman’s Pershing Square Fund To De-List From Amsterdam Stock Exchange
Pershing Square Holdings, majority owned by billionaire investor Bill Ackman, is set to leave the Netherlands, a move Ackman ...
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The Top 10 Billionaire Backers of Music Companies
A billionaire in the music business usually ... Ackman acquired 10% of Universal Music Group (UMG) before its 2021 initial public offering, becoming a helpful cheerleader for UMG — and music ...
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Universal Buys Indie Music Specialist Downtown for $775 Million
(Bloomberg) -- Universal Music Group’s Virgin unit is acquiring Downtown Music Holdings LLC for $775 million in cash in one of the largest music-industry deals this year. Downtown was founded in ...
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Universal’s Virgin Music Group to Acquire Downtown Music for $775 Million
The move, of course, means that a formerly independent company will now be fully owned by the world’s largest major label, Universal. Gee Davy, CEO of the Association of Independent Music ...