A group of Universal Music Group shareholders affiliated with billionaire Bill Ackman’s hedge fund Pershing Square raised more than $1.4 billion from the sale of a 2.7% stake in the world’s ...

Bill Ackman’s Pershing Square expects to raise $1.4 billion from the sale of a 2.7% stake in Universal Music Group, according to a report in Bloomberg. Ackman announced the sale on social media ...

Shares in Universal Music Group UMG-0.59%decrease; red down pointing triangle fell after hedge fund manager Bill Ackman said his Pershing Square firm would reduce its stake in the world’s ...

The 38.4 million shares of Burger King held by Pershing Square before the merger became 38.0 million at a value of $1.48 billion as of Dec. 31, 2014. Today, it owns 23.0 million shares valued at ...

Ackman's flagship Pershing Square Holdings portfolio will continue to buy large stakes in large companies while Howard Hughes will buy controlling stakes in small companies, he explained on a ...

The New England Patriots released longtime starting center David Andrews, Patriots Chairman and CEO Robert Kraft announced on Thursday: "David Andrews' career success is a shining example of what ...

The New York Yankees are in trouble. Luis Gil will be out for three months, Gerrit Cole is lost for the season due to Tommy John surgery, and Giancarlo Stanton will miss a chunk of time.

Bill Ackman’s Pershing Square submitted a new $900 million offer for a boosted stake in Howard Hughes Holdings, pledging to turn the real-estate company into a diversified holding company akin ...

“Lafayette came,” Macron said during a news conference in Brussels. “Pershing made the journey in the opposite direction.” Macron added that he met American WWII veterans who landed on ...

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