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takeover offer in a cash and stock deal
Updated ·First reported ·2 sources
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takeover offer in a cash and stock deal
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New YorkUnited States, New York
40.71, -74.01Sources (2)
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initial reportv3
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takeover offer in a cash and stock deal
new informationv2
Automated synthesis
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The Guardian reports that Bill Ackman’s Pershing Square has made a cash and stock takeover offer for Universal Music Group (UMG) valued at over €50bn. Ackman reportedly claims UMG has suffered due to the postponement of its US listing.
- • Bill Ackman’s Pershing Square has made a cash and stock takeover offer for Universal Music Group valued at over €50bn.
- • Ackman claims Universal Music Group has suffered due to the postponement of its US listing.
initial reportv1
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Initial report — unverified: Initial unverified report: Bill Ackman’s Pershing Square has made a takeover offer for Universal Music Group in a deal valued at over €50bn.