Universal Music Group NV pushed back against billionaire Bill Ackman, saying his Pershing Square fund doesn’t have any right to require the company to become US domiciled or to delist from Euronext Amsterdam.

Universal Music Group (UMG) said on Saturday that billionaire Bill Ackman's Pershing Square has no right to require the record label to become a U.S.-domiciled company or delist from Euronext Amsterdam.

Hedge fund manager says he'll delist investment firm Pershing Square from Euronext following riots and antisemitic violence against Israeli soccer fans in Amsterdam The post Billionaire investor Ackman seeks delisting from Amsterdam exchange after attack appeared first on The Times of Israel.

Universal Music Group (OTCPK:UMGNF) (OTCPK:UNVGY) said on Saturday that Bill Ackman's Pershing Square (OTCPK:PSHZF) does not have the right to require the company to become U.S. domiciled or to delist from Euronext Amsterdam.