EMI confirms talks with Bertelsmann

Article Abstract:

EMI PLC announced that it has engaged in informal discussions with Bertelsmann AG for possible cooperative initiatives between the two entities. An EMI spokesman said the talks were held in October 1998. The spokesman would not state if a full merger was in the works, or if the talks were still ongoing. However, he said that no formal offerings were made during the discussions. The spokesman said that EMI conducts regular discussions with other companies.

Comment:

EMI engaged in informal discussions with Bertelsmann for possible cooperative initiatives

United Kingdom, Strategy & planning, Foreign operations, Germany, Book publishing, Book Publishers, Publishing industry, Planning, Abstract, Bertelsmann AG, Thorn EMI PLC

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GE names Gary Rogers its third vice chairman

Article Abstract:

Gary L. Rogers has been appointed as the third vice chairman of General Electric Co. (GE). Rogers will manage the company's short-cycle operations.

United States, Executive changes & profiles, Officials and employees, Appointments, resignations and dismissals, General Electric Co., GE, Rogers, Gary L.

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