William Ackman SPAC Nears $40 Billion Universal Music Deal
Hedge-fund billionaire William Ackman is nearing a record SPAC deal that would value Universal Music at roughly $40 billion, people familiar with the matter said.
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Hedge-fund billionaire William Ackman is nearing a record SPAC deal that would value Universal Music at roughly $40 billion, people familiar with the matter said.
PARIS (dpa-AFX) - Hedge-fund billionaire William Ackman's special-purpose acquisition company is nearing a deal with Vivendi-owned Universal Music Group that would value the music business at about
It would be the largest special purpose acquisition company transaction to date.
PARIS (dpa-AFX) - Hedge-fund billionaire William Ackman's special-purpose acquisition company, Pershing Square Tontine Holdings Ltd. (PSTH), confirmed Friday that it is in discussions with Vivendi
BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - European stocks were flat to slightly lower in cautious trade on Friday, as investors awaited U.S. non-farm payrolls data for May due later in the day for further