Cyrille Bollor Encourages Universal Music Group To Reject Bill Ackmans $64B Offer

Image for article Cyrille Bollor Encourages Universal Music Group To Reject Bill Ackmans $64B Offer
News Source : Deadline

News Summary

  • “I don’t know whether he is compatible with the management of this society,” added Boll oré.
  • The comments are the first public comments from the group since the Pershing Square offer was made in April.
  • It owns an 18.4% stake in UMG, while Vivendi, in which the group has a 29.3% stake, owns 13.4%.
Cyrille Bollor, Chair and CEO of the Bollor Group, has encouraged Universal Music Group (UMG) management to reject a $64.4B offer from Bill Ackmans Pershing Square.

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