{"id":1001832,"date":"2026-04-09T07:41:36","date_gmt":"2026-04-09T02:11:36","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1001832"},"modified":"2026-04-09T08:02:24","modified_gmt":"2026-04-09T02:32:24","slug":"bill-ackmans-pershing-square-proposes-64-billion-merger-deal-with-universal-music-group","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/04\/09\/bill-ackmans-pershing-square-proposes-64-billion-merger-deal-with-universal-music-group\/","title":{"rendered":"Bill Ackman&#8217;s Pershing Square proposes $64 billion merger deal with Universal Music Group"},"content":{"rendered":"<p>Bill Ackman&#8217;s Pershing Square proposed a deal on Tuesday to merge Universal Music Group with its investment fund under a plan to revive the world&#8217;s biggest music label&#8217;s value with a listing in the United States. <\/p>\n<p>Pershing Square&#8217;s cash-and-shares offer values Universal Music at around 30.40 euros per share &#8211; \u200ba 78% premium to last close price at 17.10 euros &#8211; making the deal worth 55.75 billion euros ($64.31 billion), according to Reuters calculations.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bill Ackman&#8217;s Pershing Square proposed a deal on Tuesday to merge Universal Music Group with its investment fund under a plan to revive the world&#8217;s biggest music label&#8217;s value with a listing in the United States. Pershing Square&#8217;s cash-and-shares offer values Universal Music at around 30.40 euros per share &#8211; \u200ba 78% premium to last close price at 17.10 euros &#8211; making the deal worth 55.75 billion euros ($64.31 billion), according to Reuters calculations.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-1001832","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1001832","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1001832"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1001832\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1001832"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1001832"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1001832"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}