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Bill Ackman SPAC Deal For Universal Music Group Could Face Battle From Dan Loeb, Among Others
Tuesday, June 15, 2021 - 4:46pm | 636Bill Ackman's plan to acquire 10% of Universal Music Group could face a setback with Vivendi shareholders speaking out against the transaction. What Happened: Bill Ackman’s Pershing Square Tontine Holdings Ltd (NYSE: PSTH) announced a plan to acquire 10% of Universal Music Group, a...
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This Manager Of A $55 Billion Fund Is Dumping Equities In Favor Of Cash
Tuesday, December 20, 2016 - 9:55am | 410Cash is king, at least it is for David Samra, a fund manager who oversees around $55 billion for Artisan Partners. In an interview with Bloomberg, Samra said that his fund's exposure to cash now stands at around 13 percent, which is close to the 15 percent maximum. The fund manager has been active...