Home Music and Digital Media THR, Esq. Universal Music Backs Lucian Grainge Amid Takeover Bid by Bill Ackman

Universal Music Backs Lucian Grainge Amid Takeover Bid by Bill Ackman

THR, Esq. 2026-04-07

Summary:

UMG said it "will review the proposal in accordance with its fiduciary duties" after Ackman's Pershing Square unveiled its bid late Monday.

Link:

https://www.hollywoodreporter.com/music/music-industry-news/universal-music-statement-bill-ackman-acquisition-proposal-1236558292/

From feeds:

Music and Digital Media ยป THR, Esq.

Tags:

ackman

Authors:

Ethan Millman

Date tagged:

04/07/2026, 19:33

Date published:

04/07/2026, 19:01