Vivendi’s Universal Music to Sell 10 Percent Stake to Bill Ackman SPAC, Valuing Label at $40B

Vivendi’s Universal Music to Sell 10 Percent Stake to Bill Ackman SPAC, Valuing Label at $40B

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Vivendi has finalized a deal to sell a 10 percent stake in Universal Music Group to a so-called “blank check” company set up by Bill...

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