Universal Music targeted in takeover bid by hedge fund Pershing Square

American hedge fund Pershing Square announced it's offered to buy Universal Music Group in a merger, saying it believed the world's biggest music label was undervalued by stock markets.

By · · 1 min read
Universal Music targeted in takeover bid by hedge fund Pershing Square

Source: www.cbsnews.com

American hedge fund Pershing Square announced it's offered to buy Universal Music Group in a merger, saying it believed the world's biggest music label was undervalued by stock markets.

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