Universal Music Group to Sell Half of Its Spotify Stake, Increase Share Buybacks

Universal Music Group to Sell Half of Its Spotify Stake, Increase Share Buybacks

Summary

The moves come after Bill Ackman's Pershing Square submitted a $64.4 billion takeover bid for the company

Description

The moves come after Bill Ackman's Pershing Square submitted a $64.4 billion takeover bid for the company

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