Wall Street learned this week that a blank-check firm backed by billionaire Bill Ackman has agreed to acquire 10% of Universal Music Group. The deal would equate to the purchase being about $4 billion from French media company Vivendi SE. Universal Music Group (UMG) claims to have the rights to the world’s largest collection of … Continue reading “A Bill Ackman SPAC is Buying 10% of Universal Music Group”
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