Bill Ackman’s Pershing raises $1.4 billion in Universal Music Group stake sale
A group of Universal Music Group shareholders affiliated with billionaire Bill Ackman’s hedge fund Pershing Square raised more than $1.4 billion from the sale of…
IPO Market Maintains Momentum Despite Ackman’s Nixed Plans
Corporate finance experts say going public is cool this summer; that’s not the case for a billionaire hedge fund manager’s overhyped IPO. Toward the end…