Summary
Music business EMI Group has agreed to be bought by private equity firm Terra Firma for pounds 3.2bn including debt.
The group, whose artists include Robbie Williams and the Beatles, has been the subject of bid speculation for a year as business has struggled and it had previously rejected a takeover bid from US rival Warner Music.See the full content of this document
Extract
Emi Goes On with a Little Help From Its Friends
The firm has seen sales decline dramatically in recent months and said last...
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