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Jun 3, 2026, 3:20 pm71 pts
The WrapBill Ackman’s Pershing Square is looking to sell its 4.7% stake in Universal Music Group after the company rejected its $64.4 billion takeover bid, according to Bloomberg. The firm is looking to sell roughly 80.6 million shares in an overnight placing, with Bank of America marketing the shares in a range of…
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