Billionaire investor launches $65 billion Universal Music takeover bid
- Posted on April 7, 2026
- By Los Angeles Times
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Billionaire investor launches $65 billion Universal Music takeover bid
Pershing Square's Bill Ackman is offering over $65 billion to purchase one of music's largest labels, Universal Music Group. The label represents major stars like Taylor Swift, Kendrick Lamar and Bad Bunny.