Entertainment · 1 sources covering this

Universal Music Group Rejects Bill Ackman’s $64B Takeover Proposal: “It Fundamentally and Materially Undervalues UMG”

UMG's board of directors said Friday the proposal "is not in the best interests of UMG, its shareholders, artists, songwriters, employees and other stakeholders."

Share:X WhatsApp Reddit Facebook LinkedIn Open ↗

Coverage spectrum

1 L · 0 C · 0 R

How 1 sources are covering this

Hollywood ReporterLean L·1h ago
Universal Music Group Rejects Bill Ackman’s $64B Takeover Proposal: “It Fundamentally and Materially Undervalues UMG”
UMG's board of directors said Friday the proposal "is not in the best interests of UMG, its shareholders, artists, songwriters, employees and other stakeholders."
Read at Hollywood Reporter →

Embed this bias spectrum on your site

Paste this iframe wherever you'd like the widget to appear. Resizes responsively; no JS required.

<iframe
  src="https://statesidedaily.com/embed/cluster/8a3206e0a01893b6ead5b3282700960c9c258459"
  width="100%" height="320"
  style="border:0;max-width:680px"
  loading="lazy"
  title="Universal Music Group Rejects Bill Ackman&#8217;s $64B Takeover Proposal: &#8220;It Fundamentally and Materially Undervalues UMG&#8221;"></iframe>

Universal Music Group Rejects Bill Ackman’s $64B Takeover Proposal: “It Fundamentally and Materially Undervalues UMG”

How 1 sources are covering this

Universal Music Group Rejects Bill Ackman’s $64B Takeover Proposal: “It Fundamentally and Materially Undervalues UMG”

More from Entertainment

Hannah Einbinder On Why The “Incredibly Heavy” Finale Of ‘Hacks’ Felt “Genuinely Real” — Plus, Easing Back Into Stand-Up: “I Feel So F*cking Lucky”

These Producers Built a Business Working With First-Time Directors. It Paid Off Big With ‘Obsession’

Court Formally Clears Hernan Lopez, Former Fox TV Exec and Wondery Founder, of Bribery Charge

Kanye West Gets Go-Ahead From Government to Perform in the Netherlands, Despite Protests

Reader

Trust & legal

Across the network

How 1 sources are covering this

Universal Music Group Rejects Bill Ackman&#8217;s $64B Takeover Proposal: &#8220;It Fundamentally and Materially Undervalues UMG&#8221;

More from Entertainment

Hannah Einbinder On Why The &#8220;Incredibly Heavy&#8221; Finale Of &#8216;Hacks&#8217; Felt &#8220;Genuinely Real&#8221; — Plus, Easing Back Into Stand-Up: &#8220;I Feel So F*cking Lucky&#8221;

These Producers Built a Business Working With First-Time Directors. It Paid Off Big With &#8216;Obsession&#8217;

Court Formally Clears Hernan Lopez, Former Fox TV Exec and Wondery Founder, of Bribery Charge

Kanye West Gets Go-Ahead From Government to Perform in the Netherlands, Despite Protests

Reader

Trust & legal

Across the network

Universal Music Group Rejects Bill Ackman’s $64B Takeover Proposal: “It Fundamentally and Materially Undervalues UMG”

Hannah Einbinder On Why The “Incredibly Heavy” Finale Of ‘Hacks’ Felt “Genuinely Real” — Plus, Easing Back Into Stand-Up: “I Feel So F*cking Lucky”

These Producers Built a Business Working With First-Time Directors. It Paid Off Big With ‘Obsession’