Business

Universal Music Shares Fall After Ackman Fund Offloads $1.5 Billion Stake

TWSJ·2h ago·3 min read

Photograph via The Wall Street Journal

RSS SUMMARY · AGGREGATED FROM TWSJ

Universal Music Group shares deepened their year-to-date loss after Pershing Square exited the world’s biggest music company five years after its initial investment.

The full story continues on The Wall Street Journal.

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