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    Universal Music Group declines Pershing Square proposal

    Picture of Pershing Square Holdings logoPershing Square Holdings
    29/05/2026 18:48
    Universal Music Group declines Pershing Square proposal
    May 29 (Reuters) - Universal Music Group's UMG.AS board declined an unsolicited takeover proposal from Bill Ackman's Pershing Square PSHP.L on Friday.

     (Reporting by Juby Babu in Mexico City; Editing by Alan Barona)
     ((Juby.Babu@thomsonreuters.com;))

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