Bill Ackman's investment fund offers to buy Universal Music for 55 billion euros

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Pershing Square, the investment fund of billionaire Bill Ackman, has made an offer to acquire Universal Music Group (UMG), one of the three largest record labels in the world, in a cash and stock deal that values the company at approximately 55 billion euros.

Bill Ackman's investment fund offers to buy Universal Music for 55 billion euros

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