Universal Music Group approached a $53 billion valuation following its IPO. The company surged more than a third in the first minutes of its trading debut on Tuesday following an initial public offering. Universal Music, which is behind platinum-selling artists including Lady Gaga and Taylor Swift finished higher at around 25 euros ($29.32) per share … Continue reading “Universal Music Group Explodes on Trading Debut”
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A Bill Ackman SPAC is Buying 10% of Universal Music Group
Wall Street learned this week that a blank-check firm backed by billionaire Bill Ackman has…
June 22, 2021