Universal Music Group Dumps Half Its Spotify Stake For $1.4 Billion

Universal Music Group Dumps Half Its Spotify Stake For $1.4 Billion

Summary

UMG's selling half its Spotify stake for $1.4 billion, moving fast before Bill Ackman's $64 billion acquisition bid gets resolved.

Description

UMG's selling half its Spotify stake for $1.4 billion, moving fast before Bill Ackman's $64 billion acquisition bid gets resolved.

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