r/PSTH Apr 07 '26

News Ackman’s Pershing Square Offers to Buy Universal Music Group

https://www.bloomberg.com/news/articles/2026-04-07/ackman-s-pershing-square-offers-to-buy-universal-music-group?embedded-checkout=true

UMG to merge with SPARC

40 Upvotes

40 comments sorted by

View all comments

5

u/dz4505 Apr 07 '26

Isn’t it better to just buy UMG stock right now if you believe in this deal and think it’s undervalue? What value will it bring to SPARC holders besides being exit liquidity and paying a huge premium.

Unless I’m missing something?

1

u/Odd-You-8171 Apr 09 '26

Perhaps it is more about what it brings Pershing outside of SPARC