Communications services companies rose as traders bet on further consolidation in the sector. Universal Music Group plans to launch a U.S. offering of some shares owned by Bill Ackman's Pershing ...

Shares in Universal Music, the world's largest record label, could soon be listed on a U.S. exchange, as a result of a $500 million stock offering by Bill Ackman's Pershing Square. The hedge-fund ...

Howard Hughes Holdings (HHH), the company that has developed the master-planned Summerlin community in Las Vegas, says it ...

TSMC Expects Continued AI-Driven Growth After Ending 2024 Strong The company's chief executive said revenue from AI-related servers and processors is expected to double in 2025 after more than ...

The record label behind Taylor Swift plans to launch a U.S. offering of some shares owned Bill Ackman’s Pershing Square, as ...

Billionaire investor Bill Ackman has thrown his weight behind former hedge fund manager Whitney Tilson in the fiercely ...

The deal requires Pershing to sell at least $500 million worth of its UMG holdings as part of the listing process.

Universal Music Group NV has agreed to plan a US share sale by Sept. 15, in order to fulfill an agreement with billionaire ...

With a $1 billion buyout offer on the table, Summerlin’s developer could undergo another corporate shakeup.

Universal Music Group said on Wednesday that billionaire Bill Ackman-led Pershing Square has exercised its right to request ...

Italy's top insurer Generali aims to reach a preliminary accord with Natixis Investment Managers to combine their asset ...