(Reuters) - EMI said on Monday it agreed to the offer from Terra Firma, possibly ending a seven-year standoff with smaller competitor Warner Music. Both firms feared regulators would kill any deal.
Warner Music, the fourth-largest music company, is evaluating its options after Terra Firma offered to pay 2.4 billion pounds or 265 pence a share in cash to buy No. 3 music group EMI, two sources close to the talks told Reuters.
Read more at Reuters.com Business News
Warner Music, the fourth-largest music company, is evaluating its options after Terra Firma offered to pay 2.4 billion pounds or 265 pence a share in cash to buy No. 3 music group EMI, two sources close to the talks told Reuters.
Read more at Reuters.com Business News
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