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Music giant Universal rejects billionaire Bill Ackman's takeover bid

Sat, 30 May 2026 04:24:42 GMT

Music giant Universal rejects billionaire Bill Ackman's takeover bid

The investment firm launched its takeover bid for the world's largest music company in April, a move which would have seen it listed as a new company in America. It is currently listed on the Euronext Amsterdam stock exchange.