Bill Ackman Makes $64B Bid to Take Over Universal Music
Billionaire investor Bill Ackman has made headlines after his hedge fund, Pershing Square Capital Management, launched a massive takeover bid for Universal Music Group—the global record giant behind stars like Lady Gaga, Kendrick Lamar, and Sabrina Carpenter. The offer, valued at around $64 billion (€55–56 billion), includes a mix of cash and shares and represents…