UMG stock price soars after Bill Ackman offers to buy the music giant behind Taylor Swift and Bad Bunny |
UMG stock price soars after Bill Ackman offers to buy the music giant behind Taylor Swift and Bad Bunny
The proposal would turn Universal Music Group into a Nevada corporation, with shares listed on the New York Stock Exchange.
[Photo: Jeff Pachoud/AFP via Getty Images]
Universal Music Group saw its shares (AMS: UMG) rise more than 11% on Tuesday, following a proposal from........