{"id":79242,"date":"2021-09-01T02:02:51","date_gmt":"2021-09-01T06:02:51","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=79242"},"modified":"2021-09-01T02:02:51","modified_gmt":"2021-09-01T06:02:51","slug":"pershing-square-to-buy-extra-2-9-of-universal-music-for-1-15-bln","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2021\/pershing-square-to-buy-extra-2-9-of-universal-music-for-1-15-bln.html","title":{"rendered":"Pershing Square to buy extra 2.9% of Universal Music for $1.15 bln"},"content":{"rendered":"\n<p>(Reuters) American hedge fund manager Bill Ackman&#8217;s Pershing Square is buying an additional 2.9% of Universal Music Group (UMG) from Vivendi <a rel=\"noreferrer noopener\" href=\"https:\/\/www.reuters.com\/companies\/VIV.PA\" target=\"_blank\">(VIV.PA)<\/a> for $1.149 billion, the French conglomerate said on Tuesday. Vivendi said the transaction was based on an enterprise value of 35 billion euros ($41.40 billion) for 100% of UMG&#8217;s share capital.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.reuters.com\/business\/frances-vivendi-sells-29-universal-pershing-square-115-bln-2021-08-31\/\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Reuters) American hedge fund manager Bill Ackman&#8217;s Pershing Square is buying an additional 2.9% of Universal Music Group (UMG) from Vivendi (VIV.PA) for $1.149 billion, the French conglomerate said on Tuesday. Vivendi said the transaction was based on an enterprise [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-79242","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/79242","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=79242"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/79242\/revisions"}],"predecessor-version":[{"id":79243,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/79242\/revisions\/79243"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=79242"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=79242"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=79242"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}