SMH · general
Trump backer offers $91.2 billion to buy Taylor Swift record label
4 hours ago
Bill Ackman's Pershing Square offered nearly $64.3 billion to acquire Universal Music Group, which includes artists like Taylor Swift. The deal aims to shift the company's listing from Amsterdam to New York, valuing shares at €30.40 each. Universal's stock rose roughly 10 percent following the takeover bid amid ongoing market turbulence.
Summary by Glance · Original reporting by SMH
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