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Bill Ackman's Pershing Square offers to buy Amsterdam-listed UMG for ~$64.4B in cash and stock; Pershing plans to list the merged company on the NYSE (April Roach/CNBC)

Mediagazer · last updated

April Roach / CNBC:
Bill Ackman’s Pershing Square offers to buy Amsterdam-listed UMG for ~$64.4B in cash and stock; Pershing plans to list the merged company on the NYSE  —  Activist investor Pershing Square said Tuesday it is planning to buy Universal Music Group in a cash and stock deal worth about 55.8 billion euros ($64.4 billion).

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