Instagram/Bill Ackman Music Pershing Square's $64B bid for Universal Music Group sparks debate. Is the offer a premium or does it undervalue the music giant? Explore the complex financi... April 9, 2026 AceShowbiz - The Universal Music Group (Universal Music Group) takeover offer from Pershing Square has stirred debate over the true value of the music giant. While headlines promote a valuation exceeding $60 billion, several Wall Street investors and music executives argue the bid undervalues the company.