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UMG Says It Got Unsolicited Non-Binding Proposal From Pershing Square Capital Management

ReutersApr 7, 2026 10:36 PM

April 7 (Reuters) - Universal Music Group NV UMG.AS:

UNIVERSAL MUSIC GROUP N.V. CONFIRMS RECEIPT OF UNSOLICITED PROPOSAL
UMG - BOARD TO REVIEW PROPOSAL AND ANALYZE IMPLICATIONS FOR STAKEHOLDERS
UMG - RECEIVES UNSOLICITED NON-BINDING PROPOSAL FROM PERSHING SQUARE CAPITAL MANAGEMENT
UMG: UMG WILL HAVE NO FURTHER COMMENT ON PROPOSAL UNTIL BOARD OF DIRECTORS COMPLETES ITS REVIEW
UMG: BOARD HAS 'COMPLETE CONFIDENCE' IN UMG'S STRATEGY AND LEADERSHIP OF LUCIAN GRAINGE AND COMPANY'S MANAGEMENT TEAM
UMG - RECEIVES UNSOLICITED NON-BINDING PROPOSAL FROM PERSHING SQUARE CAPITAL MANAGEMENT

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