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SriMaharaj

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SriMaharaj

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Tuesday, 07/20/2021 2:52:37 PM

Tuesday, July 20, 2021 2:52:37 PM

Post# of 1522
This explain who is buying.

Ackman said his investment firm, Pershing Square Holdings, will instead take a stake in UMG and become a long-term shareholder of the company.

Universal Music Group’s French owner, Vivendi, said in a separate statement that Pershing Square will take a 5 percent to 10 percent stake in the company.


https://nypost.com/2021/07/19/bill-ackmans-spac-drops-4b-universal-music-group-deal/
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