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Record Company Behind Taylor Swift Not Going to Wall Street After All
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Music conglomerate Universal Music Group (UMG) is suspending its plans for an IPO in the United States. According to the record company behind pop stars like Billie Eilish, Taylor Swift, and Harry Styles, there is currently too much uncertainty in the market. The company, headquartered in Hilversum, believes this is causing a significant distortion in its valuation.
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