Published Apr 7, 2026, 3:53 AM ET · Updated 7 months ago · 1 source
Bill Ackman’s Pershing Square Offers to Acquire Universal Music Group for $63.5 Billion
Hollywood Reporter
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Original Report
Lucian Grainge, CEO of the musical home of the likes of Taylor Swift, and his team "have done an excellent job... However, UMG's stock price has languished due to a combination of issues that are unrelated" to its music business performance.