Pershing Square
News Ackman had significantly reduced the price target for his US-based closed-end fund, before pulling out of the IPO altogether News Ackman confirms that IPO will be priced at less than a tenth of original $25 billion target Analysis News How Pershing Square's new money-game connects to Universal Music Group – and the music business at large News Pershing effectively laughs in the face of concerns raised by analysts earlier this year over AI's threat to UMG