Billionaire claims world’s biggest music company has suffered due to postponement of US listingBusiness live – latest updatesBillionaire Bill Ackman’s hedge fund has offered to buy Universal Music Group (UMG) in a deal that values the world’s biggest music company at more than €50bn (£44bn).Pershing Square, the New-York based hedge fund, has offered to buy the business, which is home…
Source: World news | The Guardian