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Billionaire Bill Ackman Thinks This Entertainment Giant Is "Dramatically Underperforming." Here's His $64 Bill

Apr 07, 2026 22:29 UTC

Key PointsPershing Square has made a $64 billion cash-and-stock bid to acquire Universal Music..

  • April 07, 2026 — 06:29 pm EDT Written byDanny VenaforThe Motley Fool-> Pershing Square has made a $64 billion cash-and-stock bid to acquire Universal Music
  • The music label is home to nine of the Top 10 artists of 2025
  • The stock has languished due to a variety of factors unrelated to the robust business and financial performance, and Ackman smells a bargain

April 07, 2026 — 06:29 pm EDT Written byDanny VenaforThe Motley Fool-> Pershing Square has made a $64 billion cash-and-stock bid to acquire Universal Music. The music label is home to nine of the Top 10 artists of 2025. The stock has languished due to a variety of factors unrelated to the robust business and financial performance, and Ackman smells a bargain. Billionaire Bill Ackman has long described himself as a student of Warren Buffett, and has envisioned fashioning his hedge fund -- Pershing Square -- as a "modern-dayBerkshire Hathaway." That dream was one step closer to reality today whe

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