Universal Music Group held early buyout talks with private equity firms
Universal Music Group held preliminary, now-stalled discussions with Apollo Global Management, TPG and Blackstone about a possible privatization, but has not begun a formal sale process; its board is aware of the talks. The discussions follow the board’s rejection of an unsolicited takeover proposal from Bill Ackman’s Pershing Square and come as the company’s shares have fallen sharply this year.
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About Bill Ackman
William Albert Ackman is an American billionaire hedge fund manager who is the founder and chief executive of Pershing Square Capital Management, an investment management company. He has been described as an activist investor. As of April 2026, Ackman's net worth was estimated at $8 billion by Bloomberg.
Everything about Bill Ackman →- Occupation
- financier, businessperson, hedge fund manager, entrepreneur
- Citizenship
- United States
- Born
- May 11, 1966
- Website
- https://www.pershingsquareholdings.com