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Thanks @enriqueabeyta and @ReeceLongwell Here is the audio for tonight’s discussion.https://youtu.be/741rhBb2K5g
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Thank you both for an educational and at times entertaining call. Good luck with the game tonight Enrique. The suns Re looking strong but the defense needs to stop Porter.
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Thanks for bringing up the "insurance" concern that I tried, no so eloquently, to discuss the other night. Great interview, all around, really appreciate all the work that went into this.
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Thanks Matt for the excellent discussion
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Matt - you are the unsung hero in all of this for making this convo happen! Love your passion
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Thanks
@enriqueabeyta - you really clarified some points I couldn’t get my head around. I’m super excited even more so now! Thanks manThanks. Twitter will use this to make your timeline better. UndoUndo
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The discussion around the pricing of the UMG IPO seems confused. On 18th May, Vivendi said that 10% of UMG would be sold to an American investor *or* via an IPO. https://www.vivendi.com/en/press-release/universal-music-group-update-on-the-proposed-distribution/ …pic.twitter.com/EgHv8NtgDr
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Unless something has changed, the Ackman deal means no IPO of UMG. Vivendi will simply spin off 60% of UMG to its shareholders, and it will trade wherever it trades. Post spin, ownership of UMG will be: Vivendi shareholders: 60% Tencent: 20% PSTH shareholders: 10% Vivendi: 10%
End of conversation
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