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Universal Music Group declines Pershing Square proposal

Written By: TDG Syndication
Last Updated: May 29, 2026 23:30:07 IST

May 29 (Reuters) – Universal Music Group's board on Friday declined an unsolicited takeover proposal from Bill Ackman's Pershing Square. In April, Pershing Square had proposed a cash-and-stock offer

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

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