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Thursday, November 10, 2011

Universal, Sony win bid to buy EMI Group

Universal, Sony win bid to buy EMI Group Universal Music Group and Sony Corp. have reached agreements with Citigroup Inc. to buy EMI Group's music business for a combined $4.1 billion, an 8% premium over Citigroup's inital asking mininum asking price. The dual transaction would split ... Universal, Sony win bid to buy EMI Group

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