Saturday, November 12, 2011

Universal Music to buy EMI group for $1.9B (AP)

LOS ANGELES ? Vivendi SA's Universal Music Group has agreed to buy the recording division of British music company EMI Group Ltd. for 1.2 billion pounds ($1.9 billion).

The deal leaves Citigroup, EMI's owner, with liability for a pension plan worth about $600 million.

Citigroup had put the home of The Beatles, Coldplay and Katy Perry up for sale after foreclosing on private equity firm Terra Firma in February.

Source: http://us.rd.yahoo.com/dailynews/rss/music/*http%3A//news.yahoo.com/s/ap/20111111/ap_en_mu/us_vivendi_emi_group_sale

imessage sukkot sukkot chia seeds aziz ansari aziz ansari corn maze

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.