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Universal Music Group declines Bill Ackman takeover proposal

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Last Updated: May 30, 2026 07:30:51 IST

By Dawn Chmielewski May 29 (Reuters) – Universal Music Group's board on Friday unanimously rejected an unsolicited takeover proposal from Bill Ackman's Pershing Square Capital Management, saying it

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

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