CDNow, Columbia House end merger deal, plan 'strategic relationships'
Article Abstract:
CDNow Inc. (Fort Washington, PA) has ended its plan to merge with Columbia House (CH) and will instead get a cash infusion from CH's parent companies, Sony Corp. and Time Warner Inc.
Publication Name: Philadelphia Inquirer (PA)
Subject: Business, regional
ISSN: 0885-6613
Year: 2000
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Cash-strapped CDNow finds a buyer in Germany
Article Abstract:
Online music retailer CDNow Inc., one of the best-known Internet firms in the Philadelphia area, will be acquired for $146 million in cash and assumed debt from Bertelsmann AG. The deal will give the German media conglomerate an established brand name in online music sales.
Publication Name: Philadelphia Inquirer (PA)
Subject: Business, regional
ISSN: 0885-6613
Year: 2000
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A new request for data is an off-key note for CDNow merger
Article Abstract:
The Federal Trade Commission is asking for more information from parent companies Time Warner and Sony before it approves the merger of CDNow Inc., an online music store and Columbia House, a mail-order company.
Publication Name: Philadelphia Inquirer (PA)
Subject: Business, regional
ISSN: 0885-6613
Year: 1999
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