Universal Music Group stock was falling on Wednesday after billionaire investor Bill Ackman resigned from the record label’s board of directors. UMG’s Dutch-listed shares dropped 3.4% to 26 euros and ...

Hedge-fund billionaire Bill Ackman is resigning from Universal Music Group’s board of directors, taking a step back from the ...

By Alex Weprin Senior Editor Investor Bill Ackman wants to bring Universal Music Group back to the United States, and he says he has a contractual right to do so. In a post on X, Ackman said that ...

By Elizabeth Dilts Marshall Bill Ackman, whose hedge fund Pershing Square Capital has been among Universal Music Group’s largest investors, said he will resign from his seat on UMG’s board of ...

Universal Music Group's recent recovery is driven by improved ... The CFO transition and Bill Ackman's board exit add uncertainty, while a potential Nasdaq listing could boost visibility and ...

At Universal Music Group, we exist to shape culture through the power of artistry. UMG is the world leader in music-based entertainment, with a broad array of businesses engaged in recorded music ...

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 a 2.7% stake in the world’s ...

Bill Ackman announced the sale of part of his stake in Universal Music Group. The sale could be a precursor to getting Universal Music listed on a major U.S. exchange. Unlock your all-in-one ...

By Elizabeth Dilts Marshall Billionaire hedge funder and Universal Music Group board member Bill Ackman called for UMG to move its stock listing and legal headquarters to the United States from ...