Fairness Rocks News Vivendi’s Universal Music to Sell 10 Percent Stake to Bill Ackman SPAC, Valuing Label at $41B+


Fairness Rocks News Vivendi’s Universal Music to Sell 10 Percent Stake to Bill Ackman SPAC, Valuing Label at $41B+

Home Industry News Vivendi’s Universal Music to Sell 10 Percent Stake to Bill Ackman SPAC, Valuing Label at $41B+

Author: Georg Szalai

Date: June 20, 2021

Original Source: The Hollywood Reporter

Industry News

Vivendi’s Universal Music to Sell 10 Percent Stake to Bill Ackman SPAC, Valuing Label at $41B+

The French media conglomerate finalized a deal to offload a 10 percent stake in the music major to a blank check company of Bill Ackman’s hedge fund Pershing Square.

Read More: https://www.hollywoodreporter.com/business/business-news/universal-music-public-stake-sale-1234963011/