Bill Ackman

Media & Entertainment

Large Universal Music Investor Disses Offer from Ackman’s Pershing

Photo via Lev Radin/ZUMAPRESS/Newscom

Bolloré Group, which holds 40% voting rights in Universal Music, has given a thumbs-down to a $65 billion takeover bid.

2 min read

Photo via John Angelillo/UPI/Newscom

Finance

Berkshire’s Annual Meeting Shines Spotlight on Buffett Successor Greg Abel

Class B shares of the company have lagged the S&P 500 by 37 percentage points in the past 12 months, the worst such stretch since 2000.

2 min read
Photo by Tupungato via iStock

Hedge Funds

Bill Ackman’s Huge Bet on Hertz May Win a Jackpot if Trade War Drags On

Hertz’s recent track record leaves much to be desired: the rental-car company lost nearly $2.9 billion last year.

2 min read
Photo by Getty Images via Unsplash

Advisor Upside

Are Financial Advisors Expecting a Recession?

Advisors are calling for an economic slowdown. The million-dollar question is how hard it will hit.

2 min read

Hedge Funds

Pershing Square to Abandon Delaware Incorporation, Meta May Follow

Photo by Senate Democrats via CC BY 2.0

Billionaire Bill Ackman is making Pershing the latest high-profile company to depart longtime corporate haven Delaware.

2 min read

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