UNITED STATES FRANCE UNITED KINGDOM Issue dated 21/06/2021

Wall Street's biggest users of private investigators settle their scores in battle over Universal

The future of music industry giant Universal will be settled in Paris tomorrow by "activist" investment companies. All the protagonists, who include Daniel Loeb and Bill Ackman, are big users of private investigators for their corporate raiding operations. French businessman Vincent Bolloré, who has already survived an attack from leading activist investor Elliott Management, will almost be a spectactor on this occasion, even though he controls Universal's main shareholder, Vivendi. [...] (797 words)
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