Universal Music Group’s Board Rejects Pershing Square Offer: ‘It Fundamentally Undervalues UMG’
UMG's board believes it has a "strong consensus" of investors behind its decision to reject Pershing's offer, following criticism of the bid aired by its largest shareholder, the head of Bolloré Group.
UMG's board believes it has a "strong consensus" of investors behind its decision to reject Pershing's offer, following criticism of the bid aired by its largest shareholder, the head of Bolloré Group.
UMG's board believes it has a "strong consensus" of investors behind its decision to reject Pershing's offer, following criticism of the bid aired by its largest shareholder, the head of Bolloré Group.
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