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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Notable Quotes
"Without Bollore, we don’t have a transaction."
— Bill Ackman , Executive
"The response from Universal’s biggest shareholder to his overtures was 'music to my ears'."
— Bill Ackman , Executive
""Without Bollore, we don't have a transaction.""
— Bill Ackman , Executive
""music to my ears""
— Bill Ackman , Executive
""He has always known how to unlock value, and he did so in a truly striking way with Vivendi's assets, bringing out the real wealth inside that conglomerate.""
— Vincent Beaufils , Other
"Notably, none of the above issues relate to the company's execution of its music business, and importantly, all of the above issues can be addressed in a merger transaction."
— Bill Ackman , Executive
Key People
Bill Ackman is an American billionaire investor and hedge fund manager.
Bad Bunny is a Puerto Rican reggaeton and trap artist.
Bill Ackman is the billionaire chief executive of Pershing Square.
Billie Eilish is a prominent singer and songwriter known for her unique style and voice.
Bob Dylan is an iconic singer-songwriter recognized for his influential music career.
Vincent Bolloré is a French businessman known for his influence in the media and logistics sectors.
British rock band formed in 1996.
Canadian rapper, singer, songwriter, and actor.
Legendary British singer, composer, and pianist.
Kendrick Lamar is an influential American rapper and songwriter.
Lady Gaga is an American singer, songwriter, and actress known for her musical versatility and groundbreaking performances.
The CEO of Universal Music Group, known for operating with significant autonomy.
Sabrina Carpenter is an American singer who also appears in Madonna's short film.
Taylor Swift is a highly acclaimed singer-songwriter.
Author of a biography on Vincent Bollore.
A French billionaire and influential figure in the media industry, controlling significant stakes in various companies.
Vincent Bolloré is the billionaire owner of Bolloré Group.
Warren Buffett is the chairman and CEO of Berkshire Hathaway, known for his successful investment strategies.
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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 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.
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.
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