Universal Music Rejects $65B Ackman Bid; Mercedes-Benz Faces US Ban Risk
Universal Music Group (UMG) announced on Friday that its board has unanimously declined an unsolicited, non-binding proposal from Pershing Square Capital
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Spotify Technology S.A. (SPOT) Gains Attention Following AI Remix Collaboration With Universal Music Group
TheFly reported on May 22 that Rosenblatt increased its price target on SPOT to $534 from $500 and maintained a Neutral stance on the stock.
Bill Ackman's $64 Billion Push To Take Over Universal Music Group Just Hit A Wall As Key Shareholder Says
Cyrille Bollore urged Universal Music Group to reject Bill Ackman's $64 billion takeover bid as undervalued.