Bill Ackman's Pershing Square Spac drops plans to acquire 10% of Universal Music Group

Bill Ackman's Pershing Square Spac drops plans to acquire 10% of Universal Music Group

By Christy Gren - Jul 20, 2021

Ackman’s maiden effort takes a turn by dropping the acquisition of 10% of the stakes in Universal Music Group. The deal is planned to lead on with the Pershing Square hedge fund.

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