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Universal Music Group Gets $63.5 Billion Takeover Offer From Bill Ackman’s Pershing Square

The Hollywood Reporter·Georg Szalai·about 2 months ago
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Lucian Grainge, CEO of the musical home of the likes of Taylor Swift, and his team "have done an excellent job... However, UMG's stock price has languished due to a combination of issues that are unrelated" to its music business performance.

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