Ackman's $64 billion Universal bet hinges on power broker Bollore - Reuters
Ackman's $64 billion Universal bet hinges on power broker Bollore Reuters
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<a href="https://news.google.com/rss/articles/CBMiswFBVV95cUxOaGJnaFJzdDRUWDFGalk1VUlaNC0xOGhENHRkY2xjdE0zWnc3UktNT0JEclpOZkdQY2x6UzV3Slp0TmVvYVRDMkpoQmJneTlka2VJbS1fZ210bDF2djFlckdNbDB5N0sxcmNPWjVaQzE1bXNrNWZEUWhFOWUwY2VTSGhtUlAzYWRmZmhlOGlxM1lvQ1FBMm9DOGpHOWI4S29fLWlaQUtWTkdJT3hFSV9MT0lvOA?oc=5" target="_blank">Ackman's $64 billion Universal bet hinges on power broker Bollore</a> <font color="#6f6f6f">Reuters</font>
Bill Ackman's $64 billion bid for Universal Music Group depends on securing support from French billionaire Vincent Bollore, who controls nearly 32% of the company and could block any transaction without his backing.
Bill Ackman's $64 billion offer for Universal Music hinges on securing support from French tycoon Vincent Bollore, who controls around a third of the company and could block any transaction without his backing.
Bill Ackman's first call before launching his $64 billion bid for Universal Music Group was to French billionaire Vincent Bollore, who controls just below 32% of the company and could block any transaction without his backing.
Bill Ackman's first call before launching his $64 billion bid for Universal Music Group was to French billionaire Vincent Bollore, who controls just below 32% of the company and could block any transaction without his backing.
Billionaire Bill Ackman has proposed a $64 billion cash-and-stock bid to acquire Universal Music Group, aiming to address the company's underperformance and unlock value for shareholders.
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