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Universal Music Group Rejects Bill Ackman’s $65 Billion Bid That ‘Undervalues’ Firm

  • Posted on May 29, 2026
  • By Forbes
  • 0 Views
  • 1 min read
Universal Music Group Rejects Bill Ackman’s $65 Billion Bid That ‘Undervalues’ Firm
Universal Music Group Rejects Bill Ackman’s $65 Billion Bid That ‘Undervalues’ Firm

The offer “fundamentally and materially undervalues” the company, UMG’s board said.
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Author
Forbes

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