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Activist Battles: Bolloré Clashes with Pershing over UMG:

hedgeco

3 months ago

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(HedgeCo.Net) The battle over Universal Music Group has quickly become one of the most closely watched corporate governance contests in global markets, not only because of the size of the proposed transaction, but because of what it reveals about the changing nature of activist investing, shareholder control, and the valuation of irreplaceable intellectual property assets. Bill Ackman’s Pershing Square has long viewed Universal Music Group as one of the great content franchises of the modern eco...

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