Music GroupsEMI Considering A Boyout, Merger Talk Resumes
Today The Independent reported that EMI is considering a buyout, which revive talks of a merger between EMI and Warner Music Group. Why a buyout? It is expected that the European Union would reject any attempted merger of EMI and WMG. Andrew Dawson explained a possible workaround:
"With the European Union likely to thwart any further attempts at consolidation in the music publishing industry, traders said that management believe that the best way to take the company forward is to take it off the public markets. ... Traders said that an offer could be made before the end of the week."
Posted by Glenn at 1:24 AM
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EMI WMG Merger Talk
[music jobs] HR Manager at EMI NA; New York, NY.
