Bertelsmann's plan for EMI merger gains momentum

Article Abstract:

Bertelsmann AG is close to making an agreement with EMI Group PLC, which involves merging the German firm's music unit with EMI, but important issues have still not been resolved, including price, management of the new company, and the agreement's chances of getting regulatory approval.

Germany, Bertelsmann AG

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Warner rejects EMI bid, but case may not be closed

Article Abstract:

Warner Music Group of the United States has turned down a $4.2 billion acquisition offer from EMI Group PLC of the United Kingdom. Share value offer was $28.50 per share. It is expected that the merger of the two recording industry giants is inevitable.

Company acquisition/merger, Warner Music Group Corp.

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EMI might sell Virgin to assuage EU doubts

Article Abstract:

Time Warner Inc. and EMI Group PLC are trying one last time to win approval from the European Commission for their music joint merger. The companies offered to sell Virgin Records and a large portion of their merged music publishing business.

Foreign operations, Time Warner Inc., Virgin Records UK

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