Pansing Square plans to acquire Universal Music Group with €9.4 billion in cash and stock

NightAirdropper · 2026-04-08T20:31:10+00:00

Ruisi Network News: Billionaire investor Bill Ackman's Pershing Square announced on April 6th local time that it intends to acquire Universal Music Group through a non-binding proposal, offering €9.4 billion in cash and stock. The total consideration in cash and stock is expected to be €30.40 per share, representing a 78% premium over Universal Music Group's current stock price.

NightAirdropper

2026-04-08 20:31:10

**Wise Insight Network News: ** Billionaire investor Bill Ackman’s fund, Pershing Square, announced on April 6 local time that it plans to acquire Universal Music Group via a cash-and-stock deal totaling EUR 9.4 billion, and has submitted a non-binding proposal. The total consideration of cash and stock is expected to value the deal at EUR 30.40 per share, representing a 78% premium to Universal Music Group’s share price.

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