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home / news releases / VIVHY - Pershing Square Tontine Holdings: Not Your Usual SPAC Deal


VIVHY - Pershing Square Tontine Holdings: Not Your Usual SPAC Deal

  • PSTH recently announced its intention to purchase a 10% stake in Universal Music Group.
  • Shares sold off following the announcement, and are just trading at a 10% premium above NAV at ~$22.
  • Investors are discounting UMG and giving no value to the optionality of being exposed to Ackman's next two deals.

For further details see:

Pershing Square Tontine Holdings: Not Your Usual SPAC Deal
Stock Information

Company Name: Vivendi ADR
Stock Symbol: VIVHY
Market: OTC

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