Universal Music stock rises after Pershing Square's $64 billion takeover proposal

Bill Ackman's Pershing Square said Universal Music's stock price has "languished" due to a range of issues that can be addressed with the merger.

# Universal Music stock rises after Pershing Square's $64 billion takeover proposal Bill Ackman's Pershing Square said Universal Music's stock price has "languished" due to a range of issues that can be addressed with the merger. **Read the full article:** [CNBC](https://www.cnbc.com/2026/04/07/umg-pershing-square-merger-bil-ackman-universal-music.html) *This article was originally published by CNBC. MoneyWiseInc provides expert curation of the best financial content from trusted sources.*