Ackman’s Pershing Square Moves to Kick Off Universal Music U.S. Listing Plan
The record label behind Taylor Swift plans to launch a U.S. offering of some shares owned Bill Ackman’s Pershing Square, as ...
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Drake Unlikely to Prove Defamation Against UMG in Court, Legal Experts Say
After testing the waters with two pre-action petitions last November, Drake jumped out the window with a full-on federal ...
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As big money calls the shots at Universal Music: is Lucian losing control?
As Pershing Square forces humiliating U-turn on US listing, does Universal Music top dog’s €100m ‘megabonus’ begin to look ...
Universal Music Group Shares Will Be Dual-Listed on U.S. Exchange in 2025
Universal Music Group shares will be dual-listed on a U.S. exchange in 2025 as Pershing Square sells some of its stake for a ...
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Universal put “corporate greed” before Drake’s safety, says defamation lawsuit filed over Kendrick Lamar diss track
Drake has sued his own label, Universal Music, for defamation over the lyrics in Kendrick Lamar’s diss track ‘Not Like Us’, ...
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Universal Music Group set to list on US exchange; Pershing Square to sell $500m in UMG stock to make it happen
The deal requires Pershing to sell at least $500 million worth of its UMG holdings as part of the listing process.
Drake Sues Universal Music Group for Defamation Over Kendrick Lamar Diss Track
The rapper alleges the label promoted “Not Like Us” to harm him and drive profits.
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Pershing Square Capital Management, L.P. Announces Completion of PSVII Funds and the Distribution of 2.6% of Universal Music Group N.V. (“UMG”) Stock to Limited Partners
to hold shares of Universal Music Group N.V. (“UMG”) in connection with Pershing Square’s initial purchase of shares from Vivendi in September 2021. The PSVII funds have elected to ...