Bill Ackman Dealt Blow In $64 Billion Bid For Universal Music Group By Major Shareholder Bolloré
- Posted on May 27, 2026
- By Forbes
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- 1 min read
Bill Ackman Dealt Blow In $64 Billion Bid For Universal Music Group By Major Shareholder Bolloré
The Bolloré Group, a major shareholder in Universal Music Group, urged the record label to reject Bill Ackman’s $64 billion bid, saying it undervalues the company.