From Pershing Square’s $64 billion bid for UMG to Wireless Festival’s Kanye West cancellation… it’s MBW’s weekly round-up

This week, Bill Ackman’s Pershing Square submitted a non-binding proposal to acquire Universal Music Group in a deal worth approximately $64 billion — with Ackman telling investors he expects “overwhelming shareholder support”, while JP Morgan analysts expressed skepticism that key stakeholder Bollo

Share