Day: June 4, 2021

William Ackman’s blank-check firm PSTH negotiating 10% stake in Universal Music Group

On Frtiday, William Ackman’s blank-check firm Pershing Square Tontine Holdings (PSTH) confirmed that it was negotiating a purchase of a 10% stake in Universal Music Group, which is being spun-off by France’s Vivendi for around $4 billion. Vivendi is planning to cash… Read More ›