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Universal Corporation · Consumer Defensive
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Universal Corporation · Consumer Defensive
Pershing Square Capital Management made an offer that values the record label behind Taylor Swift at about $64 billion.
Pershing Square has proposed a merger to address the stock's “underperformance.”
Bill Ackman's Pershing Square has proposed a cash-and-shares deal to acquire the world's largest music company, Universal Music Group (AEX:UMG), aiming to shift its primary listing to New York. Under the proposal, UMG shareholders would receive €9.4 billion in cash and 0.77 shares in the new entity for each share held.
The new entity would become a Nevada corporation and listed on the New York Stock Exchange, Ackman's Pershing Square said.
Bill Ackman's Pershing Square said Universal Music's stock price has "languished" due to a range of issues that can be addressed with the merger. In this article PSH-NL
Bill Ackman's Pershing Square said on Tuesday it proposed to buy Universal Music Group in a cash-and-stock deal worth about 55.75 billion euros ($64.31 billion).
Bleicher Scott J
officer: VP & Controller
4,670 SH @ $0.00
2026-04-01
Diel Steven S.
officer: Senior VP & CFO
22,417 SH @ $0.00
2026-04-01
SLEDD ROBERT C
director
1,000 SH @ $53.95
2026-02-26
Freeman Lennart R.
director
3,746 SH @ $53.45
2026-02-19
Santos Godoi Tatiana
officer: Chief Human Resources Officer
1,920 SH @ $0.00
2025-11-10
Santos Godoi Tatiana
officer
0 SH @ $0.00
2025-11-05
Trojan Greg
director:
0 SH @ $0.00
2025-11-05
Wigner Preston Douglas
director, officer: Chairman, President & CEO
6,086 SH @ $55.78
2025-10-01