UMG’s biggest shareholder says Bill Ackman’s $64B takeover remix is off-key

Bill Ackman’s $64 billion run at Universal Music just hit the bouncer. Cyrille Bolloré, boss of UMG’s largest shareholder, says the offer is too cheap, too self-funded, and too Ackman for the label’s long game. That is corporate French for: lovely pitch deck, please see yourself out through the gift shop.