Bill Ackman, who called Universal Music ‘one of the best businesses we have ever owned’, steers clear of music in Pershing Square stock-buying splurge

Bill Ackman‘s Pershing Square has disclosed six new stock investments in its first quarterly shareholder letter as a publicly listed company. None of the six is a music company. The new positions in Visa, Mastercard, Netflix, S&P Global, Intercontinental Exchange, and Alcon were disclosed in a letter published on Wednesday (August 12). Pershing Square Inc. … Continued

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