American hedge fund Pershing Square, led by the activist investor Bill Ackman, announced Tuesday a transaction valuing Universal Music Group at up to 55 billion euros, saying it believed the music giant was undervalued by stock markets.
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American hedge fund Pershing Square, led by the activist investor Bill Ackman, announced Tuesday a transaction valuing Universal Music Group at up to 55 billion euros, saying it believed the music giant was undervalued by stock markets.