Universal Music Group held preliminary discussions with private equity firms, including Apollo Global Management, TPG, and Blackstone, about going private earlier this year, Bloomberg News reported on Monday. Reuters could not immediately verify the report.
Universal Music Group's potential move to go private could impact its public market valuation and strategic direction.
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Universal Music Group held preliminary discussions with private equity firms, including Apollo Global Management, TPG, and Blackstone, about going private earlier this year, Bloomberg News reported on Monday, citing people familiar with the matter. Reuters could not immediately verify the report.
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