Bill Ackman’s Pershing Square is selling its remaining Universal Music Group stake, days after UMG rejected its $64B takeover bid

Bill Ackman’s Pershing Square is selling its remaining Universal Music Group stake, days after UMG rejected its $64B takeover bid Music Business Worldwide Bill Ackman’s Pershing Square Set to Make $600 Million on Universal Stake WSJ Universal Music slumps 7% as Bill Ackman's Pershing Square offloads stake after failed takeovers CNBC Music giant Universal rejects billionaire Bill Ackman's takeover bid BBC UMG Rejects Bill Ackman's $64B Acquisition Proposal The Hollywood Reporter