Bill Ackman’s Pershing Square Capital Management disclosed early Tuesday that a takeover bid for Universal Music Group has been submitted to UMG’s board. The offer includes about $10.9 billion in cash, plus additional stock consideration that pushes the total consideration to about $35 a share. Pershing Square said that UMG’s stock has been undervalued because […]
The Indian Film Festival of Los Angeles has unveiled the full program for its third annual Industry...
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