


Bill Ackman’s Pershing Square to Raise $1.4 Billion From Sale of 2.7% of Universal Music Group
Bill Ackmans Pershing Square expects to raise 1.4 billion from the sale of a 2.7 stake in Universal Music Group, according to a report in Bloomberg. Ackman announced the sale on social media, but the numbers are from a Bloomberg source citing knowledge of the deal, which reportedly cites an offering of about 50 million