Universal Music Group will move to U.S. exchange in 2025, Ackman says
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Universal Music Group (UMG) will be moved from its current listing in Amsterdam to a U.S. exchange, either the NYSE or Nasdaq, by 2025. This decision is driven by Bill Ackman, whose Pershing Square has significant influence over UMG.
November 08, 2024 | 6:00 pm
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Universal Music Group will transition its stock listing from Amsterdam to a U.S. exchange by 2025, influenced by Bill Ackman's Pershing Square.
The move to a U.S. exchange could increase UMG's visibility and liquidity, potentially attracting more investors and positively impacting its stock price.
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