19 Jul 2021 09:05
Bill Ackman's Pershing Square rejigs Universal stake acquisition
(Sharecast News) - Bill Ackman's Pershing Square Holdings will now look to buy a 10% stake in Universal Music from France's Vivendi after US authorities blocked its attempts to use a special purpose acquisition company (SPAC) - Pershing Square Tontine Holdings - to do the deal.
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