Pershing Square Capital Management, L.P. Founder and CEO Bill Ackman today utilized the cloud-based multilingual conference platform KUDO to address his global stakeholders in a special presentation about the Pershing Square Tontine Holdings, Ltd. (NYSE:PSTH) acquisition of 10% of the Ordinary Shares of Universal Music Group (“UMG”) for approximately $4 billion from Vivendi S.E.
With this presentation, PSTH joins the many Fortune 500 companies, governments and diplomatic agencies around the world using KUDO to level the communications playing field as language inclusivity becomes possible on the cloud and in real time. Mr. Ackman’s personal investment in KUDO’s Series A in March 2021, and use of KUDO for this announcement, fuels a new economy enabled by KUDO Marketplace, the first on-demand booking platform for interpreters.
To communicate with this particularly cross-cultural community of stakeholders for his presentation, Bill Ackman chose KUDO as the vehicle to bring inclusivity to the announcement, ensuring that investors around the world could understand the intricacies of the transactions. Thanks to KUDO’s network of live, real-time interpreters, the presentation was available in French, Japanese, Mandarin, Cantonese, Korean, German, Italian, Spanish, Portuguese, Arabic and Russian.