Vincent Bolloré has formally turned down Bill Ackman’s Pershing Square offer for Universal Music Group, ending the largest take-private attempt in music-industry history. Vincent Bolloré has formally rejected Bill Ackman’s $64bn offer for Universal Music Group, according to a Reuters report on Wednesday, ending Pershing Square’s seven-week campaign to take the world’s largest recorded-music company […]<br /> This story continues at The Next Web [...]
Pershing Square has taken a new position in Microsoft, with the size to be disclosed in a 13F filing later on Friday. The stock is down roughly 16% year-to-date. Bill Ackman has bought Microsoft. Pers [...]
Elon Musk launched a $97.4 billion bid to take control of OpenAI. The Wall Street Journal reported a group of investors led by Musk's xAI submitted an unsolicited offer to the company's boa [...]
Paramount Skydance just does not want to take no for an answer. After having multiple bids to acquire Warner Bros. Discovery (WBD) rejected, including a recent hostile bid that the WBD board recommend [...]