Universal Music Group (UMG) has formally rejected an unsolicited takeover proposal from billionaire investor Bill Ackman and his investment firm, Pershing Square Capital Management, saying the offer significantly undervalued the company and was not in the interests of its stakeholders.
Ano Shumba is a Senior Multimedia Journalist at Music In Africa. With a rich background in music reporting, he focuses on themes such as arts and entertainment, music business, and events, while also overseeing the website's content management. Ano's work has been featured in Music In Africa, where he combines his interests in photography, research, and social media to deliver engaging content.













