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UMG Says Bill Ackman Can’t Require It to Delist From Euronext
Universal Music Group NV pushed back against billionaire Bill Ackman, saying his Pershing Square fund doesn’t have any right to require the company to become US domiciled or to delist from Euronext Amsterdam.
UMG says Pershing does not have right to require Amsterdam delisting
Universal Music Group (UMG) said on Saturday that billionaire Bill Ackman's Pershing Square has no right to require the record label to become a U.S.-domiciled company or delist from Euronext Amsterdam.
Billionaire Bill Ackman Calls on Universal Music to Move Its Listing to U.S. After Amsterdam Attacks, UMG Says He Does Not Have That Right
Billionaire Bill Ackman said in a social media post on Friday that he will attempt to terminate the Amsterdam listings of Pershing Square Holdings and Universal Music Group and move UMG's listing to the United States,
Universal Music Group Shuts Down Bill Ackman’s Request To Delist From Amsterdam Stock Exchange
The hedge fund billionaire requested the company’s listing be dropped following a series of antisemitic attacks in the Dutch city.
Ackman wants to move Pershing Square, UMG from Amsterdam after attacks
Billionaire Bill Ackman said on Friday he would seek to delist investment firm Pershing Square Holdings and move record label Universal Music Group away from Amsterdam, following attacks on Israeli soccer fans.
Billionaire investor Ackman seeks delisting from Amsterdam exchange after attack
Hedge fund manager says he'll delist investment firm Pershing Square from Euronext following riots and antisemitic violence against Israeli soccer fans in Amsterdam The post Billionaire investor Ackman seeks delisting from Amsterdam exchange after attack appeared first on The Times of Israel.
UMG says Bill Ackman cannot require it to delist from Amsterdam
Universal Music Group (OTCPK:UMGNF) (OTCPK:UNVGY) said on Saturday that Bill Ackman's Pershing Square (OTCPK:PSHZF) does not have the right to require the company to become U.S. domiciled or to delist from Euronext Amsterdam.
Bill Ackman Pushing Universal Music Group to Move Listing From Europe to U.S.
A UMG spokesperson said that he "does not have any right to require UMG to become a U.S. domiciled company or delist from Euronext Amsterdam," but that it "will endeavor in good faith to comply with its contractual obligations.
1d
UMG Says Mary J. Blige Hit ‘Real Love’ Didn’t Steal Famous Funk Sample: ‘Sound Nothing Alike’
Universal Music Group asked a judge to dismiss a copyright lawsuit claiming Mary J. Blige’s “Real Love” used a famed 1973 funk sample without paying.
Spotify
4d
Bill Ackman wants to move Universal Music Group’s financial HQ from Amsterdam to the US. Universal has warned it might not be possible.
According to Universal Music Group‘s 2023 annual report, Ackman, via Pershing Square Holdings, controls 10.25% of the company ...
9d
UMG says rival firm pirated songs under names “Jutin Biber” and “Arriana Gramde”
The
UMG
Recordings lawsuit against the French company Believe and its US-based subsidiary, TuneCore, alleges that "Believe ...
2d
Would Listing in The U.S. Grow UMG’s Value?
Universal Music Group stock being listed in the U.S. would grow the company's value, Bill Ackman argues. Is that true?
hcamag.com
1d
CEO wants Pershing, UMG delisted from Euronext after Amsterdam 'antisemitic' attacks
Meanwhile, the attack has also prompted Ackman to start a conversation with Universal Music Group (
UMG
) to move its ...
Jambands
8d
UMG Sues Believe and TuneCore for Widespread Copyright Infringement, Seeking Damages of $500 Million
Logo via TuneCore The golden age of lossy, compressed LimeWire-grade nightcore mixes on all major streaming platforms may be ...
Stereogum
9d
UMG Sues Believe And TuneCore For $500M For Distributing Sped-Up Songs To Evade Copyrights
Universal Music Group, the largest major-label conglomerate in existence, has joined forces with ABKCO Music & Records and ...
bizenglish.adaderana
3d
Building growth: HNB-UMG collaboration for agri and construction sector equipment financing
HNB PLC, Sri Lanka’s leading private sector bank, recently announced a landmark partnership with United Mercury Group (UMG), ...
MusicRadar on MSN
5d
“A company built on industrial-scale copyright infringement”: Universal Music sue digital distributors to the tune of $500 million
Universal Music, (UMG) the largest major label group has joined forces with ABKCO Music & Records and Concord Music Group to ...
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