Billionaire investor Bill Ackman is closing in on a deal to take Universal Music public in the largest special purpose acquisition company deal ever, a source told CNBC on Thursday.
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Billionaire investor Bill Ackman is closing in on a deal to take Universal Music Group public in the largest special purpose acquisition company deal ever, a source told CNBC on Thursday. The SPAC merger would be the largest ever, valuing Universal Music at roughly $40 billion, the source said. This knocks Southeast Asia's ride-hailing giant Grab's SPAC merger with
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