#Vivendi sells 10 percent stake in Universal Music Group to Ackman’s SPAC
“#Vivendi sells 10 percent stake in Universal Music Group to Ackman’s SPAC” Billionaire investor Bill Ackman bought a 10 percent stake in Vivendi’s Universal Music Group for $4 billion, valuing the world’s largest record label — which is home to Drake, Taylor Swift and Billy Eilish — at around $42 billion. Ackman’s blank-check company Pershing…