Variety1 min read
Bill Ackman’s Pershing Square Capital Unveils...
Bill Ackman’s Pershing Square Capital Management disclosed early Tuesday that a takeover bid for Universal Music Group has been submitted to UMG’s board. The offer includes about $10.9 billion in cash, plus additional stock that pushes the total consideration to about $35 a share. Pershing Square said that UMG’s stock has been undervalued because of […]
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The rise of the ‘outsider AAA’ studio, from The...
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Peter Alexander to Exit NBC News After Juggling...
Peter Alexander, one of the hardest working TV-news correspondents in the sector, will leave his longtime home at NBC News, he announced to viewers Saturday morning during a weekend telecast of “Today.” Alexander has for years shouldered the logistical challenge of co-anchoring the Saturday broadcast of “Today” and serving as NBC News’ chief White House […]
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