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Universal rejects billionaire Bill Ackman's takeover bid

Universal rejects billionaire Bill Ackman's takeover bid
Key Points

The music giant said Pershing Square's offer fundamentally undervalued the business.

The music giant said Pershing Square's offer fundamentally undervalued the business.
Universal (ORG) Bill Ackman's (PERSON) Pershing Square's (LOCATION)
Originally published by BBC Entertainment Read original →