(Reuters) – Record label Universal Music Group (AS:) said on Saturday that billionaire Bill Ackman’s Pershing Square does not have any right to require UMG to become a U.S.-domiciled company or delist from Euronext (EPA:) Amsterdam.
Ackman on Friday said he would seek to delist investment firm Pershing Square Holdings and move the record label from Amsterdam, following attacks on Israeli soccer fans.
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