Universal Music investor hits back at lawsuit against his SPAC
Pershing Square Tontine Holdings has rejected a lawsuit claiming it operates as an investment company, arguing the claim is based on a mistaken understanding of SPACs.…
Pershing Square Tontine Holdings
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Prospectus for Universal Music stock market listing approved
Vivendi confirms the Dutch Authority For The Financial Markets has approved the prospectus for the Universal Music Group listing on Euronext Amsterdam.…
Additional $1.1 billion deal means Bill Ackman-led entities will control 10% of Universal Music after all
Bill Ackman-led investment entities have agreed to buy a 10% stake in Universal Music Group after an earlier SPAC-based deal collapsed.…
SPAC that tried to buy 10% of Universal Music sued for not being a proper SPAC
A shareholder has sued Bill Ackman's Pershing Square Tontine Holdings, arguing it operates as an investment company and should face additional regulation.…
Vivendi sells 7.1% of Universal Music to investor behind failed SPAC deal
Vivendi has sold a 7.1% stake in Universal Music Group to Pershing Square Holdings, led by Bill Ackman, after an earlier SPAC-linked deal fell through.…
SPAC deal to buy 10% of Universal Music is off, however the major will not be "left at the altar"
The SPAC deal for Pershing Square Tontine Holdings to buy 10% of Universal Music is off, with an Ackman-led hedge fund taking the stake instead.…
Vivendi finalises $4 billion deal to sell 10% of Universal Music ahead of stock market listing
Vivendi has agreed to sell 10% of Universal Music Group to Pershing Square Tontine Holdings for about $4 billion, valuing the music company at around $40 billion ahead of its listing.…
Mystery US investor interested in 10% of Universal Music revealed to be Bill Ackman-led SPAC
Vivendi has confirmed that Bill Ackman's special purpose acquisition company Pershing Square Tontine Holdings is the investor in talks to buy 10% of Universal Music Group.…