Universal Music stock fell after hedge-fund billionaire Bill Ackman said Pershing Square is cutting its stake in the world’s largest record label. Shares in the label behind Taylor Swift (NL:UMG) were ...

Shares in Universal Music Group UMG-8.75%decrease; red down pointing triangle fell after hedge fund manager Bill Ackman said his Pershing Square firm would reduce its stake in the world’s ...

The real estate company entered a standstill agreement with Bill Ackman’s investment fund to allow more time to explore ...

Shares in Universal Music Group fell after hedge fund manager Bill Ackman said his Pershing Square firm would reduce its stake in the world's largest music company. Shares traded 6.9% lower to 25.97 ...

The financial strain on hedge funds was brewing for weeks. Millennium Management, a major player with approximately $75 ...

Billionaire investor Bill Ackman is making a big move with his ... According to The Wall Street Journal this would push Pershing Square's ownership from 37.6% to 48%. Ackman has made it clear ...

Delaware's reputation as a business-friendly state has taken a hit. Musk and other corporate leaders have left Delaware for ...

Pershing Square, led by Bill Ackman, has proposed a $900 million ... the Houston-based company from 37.6 to 48 percent, the Wall Street Journal reported. The non-binding offer involves acquiring ...

Howard Hughes Holdings extended its standstill agreement for Pershing Square Capital Management to buy a majority stake in the real estate company. The standstill agreement, which was initiated March ...