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Pershing Square
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Pershing Square to Sell 80.6M UMG Shares
Pershing Square plans to offload roughly 80.6 million Universal Music Group shares via an overnight placing.
Bank of America is marketing the shares at €17.66 to €18.62 per share ($20.48‑$20.??).
The
Bill Ackman to Sell UMG Stake €1.5bn
Pershing Square plans to sell roughly 80.6 million Universal Music Group shares through an overnight placement, targeting a €17.66‑€18.62 price range.
The transaction could raise up to €1.5 billion if