Universal Music targeted in takeover bid by hedge fund Pershing Square

American hedge fund Pershing Square, led by the activist investor Bill Ackman, announced Tuesday that it had offered to buy Universal Music Group in a merger, saying it believed the world’s biggest music label was undervalued by stock markets. Pershing Square said its offer to Universal shareholders included 9.4 billion euros ($10.9 billion) in cash … Read more

Women’s hockey league sells out Madison Square Garden

IE 11 is not supported. For an optimal experience visit our site on another browser. Now Playing Women’s hockey league sells out Madison Square Garden 00:22 UP NEXT Strikes and explosions across the Middle East 01:25 Hegseth says U.S. has taken out much of Iran’s Navy 01:01 Lionel Messi and Inter Miami teammates visit White … Read more