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The Latest Breaking News from Pershing Square Capital

Universal Music Group, home to Taylor Swift, Drake, Elton John and other stars receives record $63bn buyout offer

Bid for the world’s largest music group proposes to “address” UMG's share price issues

Bill Ackman’s $64 billion Universal Music play is part of his strategy to become the next Warren Buffett

Bill Ackman’s $64 billion Universal Music play is part of his strategy to become the next Warren Buffett

Ackman, a self-described Buffett “devotee,” is following his idol’s playbook to access “permanent capital” by trying to jointly list his hedge fund, Pershing Square Capital, and Universal Music Group.

Bill Ackman proposes €56 billion acquisition of Universal Music Group

Bill Ackman proposes €56 billion acquisition of Universal Music Group

Billionaire investor Bill Ackman has proposed a €56 billion deal to merge Universal Music Group with a US acquisition vehicle, delivering shareholders a 78% premium and a potential New York Stock Exchange listing.

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Billionaire Bill Ackman says he doesn’t like 'wasting money'—he’ll even drive elsewhere for cheaper garages, despite once owning a parking company

Pershing Square Capital's Bill Ackman will drive to a cheaper parking garage despite a $8.17 billion net worth—and Warren Buffett and Lucy Guo are just as frugal.

Bill Ackman's Hertz Stake Is Starting To Look Like His Next Chipotle Moment

When billionaire Bill Ackman quietly built a $104 million position in Hertz Global Holdings Inc. (NASDAQ:HTZ) this summer, few noticed. It was a small 0.76% slice of Pershing Square Capital's portfolio — easy to miss next to his billion-dollar stakes in Chipotle Mexican Grill Inc (NYSE:CMG) and Hilton Hotels Corp…

Billionaire Bill Ackman says he doesn’t like ‘wasting money’—he’ll even drive elsewhere for cheaper garages, despite once owning a parking company

Pershing Square Capital founder Bill Ackman, worth $8.4 billion, turns off every light and gets upset at wasting money on the little things. Warren Buffett and Lucy Guo agree they hate blowing cash on unnecessary luxuries.

Billionaire Bill Ackman says it’s 'pathetic' that colleges rely on corporations and law firms to address anti-Semitism on campus

Two dozen law firms sent an open letter to top law schools over concerns about rising anti-Semitism on college campuses.

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Bill Ackman wants Harvard to name the students blaming Israel for the Hamas attacks so that he and other CEOs don't hire them by accident

Bill Ackman wants Harvard to name the students blaming Israel for the Hamas attacks so that he and other CEOs don't hire them by accident

Billionaire investor Bill Ackman, founder of Pershing Square Capital Management, wants Harvard University to name the students which signed a controversial statement on the Israel conflict.

Hedge fund billionaire Bill Ackman lays down his investing ‘commandments’

Hedge fund billionaire Bill Ackman lays down his investing ‘commandments’

“We want to buy the best businesses in the world.”

The 'karmic quality' of Hindenburg's war on Carl Icahn just took on a new cast. It's not just shorting his stock anymore but his bonds, too.

The 'karmic quality' of Hindenburg's war on Carl Icahn just took on a new cast. It's not just shorting his stock anymore but his bonds, too.

Weeks ago, Icahn's arch rival Bill Ackman commented on the irony of an activist being pursued by an active campaign.

Bill Ackman May Have Dumped Netflix, But Here Are 3 Dividend Stocks Pershing Square Is Still Holding

Bill Ackman May Have Dumped Netflix, But Here Are 3 Dividend Stocks Pershing Square Is Still Holding

As the second quarter of the year passes, Pershing Square Capital has remained quiet for the most part, and has not added any new positions. However, the hedge fund did manage to completely sell its stake in Netflix Inc (NASDAQ: NFLX) of 3,109,965 shares over the second quarter of 2022.

Stocks, Bonds Rally On 'Neutral Rate' Optimism — Bill Ackman Warns These Expectations Are Misplaced

Stocks, Bonds Rally On 'Neutral Rate' Optimism — Bill Ackman Warns These Expectations Are Misplaced

Billionaire hedge fund manager and Pershing Square Capital (OTCPK: PSHZF) CEO Bill Ackman explained through a series of tweets that a 2% borrowing rate is not neutral when inflation is trending around 9%.

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