Home > Entertainment > Universal Music buys back part of Ackman's Pershing stake after $64 billion bid fails

Universal Music buys back part of Ackman's Pershing stake after $64 billion bid fails

Written By: TDG Syndication
Last Updated: June 5, 2026 00:30:06 IST

(Corrects to say Ackman resigned from UMG board to focus on other investments in last paragraph) By Gianluca Lo Nostro June 4 (Reuters) – Universal Music Group said on Thursday it has repurchased some

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

Latest News

The Daily Guardian is India’s fastest
growing News channel and enjoy highest
viewership and highest time spent amongst
educated urban Indians.

Follow Us

© Copyright ITV Network Ltd 2025. All right reserved.

The Daily Guardian is India’s fastest growing News channel and enjoy highest viewership and highest time spent amongst educated urban Indians.

© Copyright ITV Network Ltd 2025. All right reserved.