Will Pershing’s $64 Billion UMG Deal Actually Happen?
Will Pershing’s $64 Billion UMG Deal Actually Happen? Ackman Plans to Pay Artists $868 Million from UMG’s Spotify Stake, While Reworking Lucian Grainge’s ‘Complicated’ Contract
Pershing Square’s proposed $64 billion Universal Music Group (UMG) takeover deal is officially out in the open – but will the gigantic transaction wrap? The multibillion-dollar question is now taking center stage and prompting discussions about what the “New UMG” would look like.