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Universal Music rejects Ackman bid as industry faces AI and valuation questions |Herald NOW Business

2 June 2026

Brief

Universal Music Group has turned down a takeover proposal from billionaire investor Bill Ackman, arguing it undervalues the company. Video / Herald NOW Business Check out our playlists:  NZ Herald Facebook:  NZ Herald Instagram: NZ...

In-depth

Universal Music Group has turned down a takeover proposal from billionaire investor Bill Ackman, arguing it undervalues the company. Video / Herald NOW Business Check out our playlists:  NZ Herald Facebook:  NZ Herald Instagram: NZ...

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