Universal Music Group Shuts Down Bill Ackman's Request To Delist From Amsterdam Stock Exchange
Universal (UVV) Forbes·2024-11-10 04:14
ToplineUniversal Music Group opposed a request from billionaire Bill Ackman to delist from Amsterdam’s stock exchange, saying Ackman’s hedge fund has no right to ask the record label to do so after Ackman cited a series of antisemitic attacks in the Dutch city as a “tipping point” earlier this week.The hedge fund billionaire requested the company's listing be dropped following a series of ... [+] antisemitic attacks in the city.Patrick McMullan via Getty Images Key FactsUMG—whose board Ackman sits on—said i ...