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Universal Music Group Buys Back $290 Million in Stock From Bill Ackman’s Pershing Square

The Wrap ·
Universal Music Group Buys Back $290 Million in Stock From Bill Ackman’s Pershing Square

Universal Music Group has repurchased €250 million ($290.8 million) worth of its stock from Bill Ackman’s Pershing Square. The company bought 14,156,285 shares priced at €17.66 ($20.48) apiece. UMG said that the repurcha

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