Saturday, November 12, 2011

Citi to Sell EMI Units for $4.1 Billion

The protracted auction of EMI Group neared a conclusion Friday, with Citigroup Inc., owner of the storied British music company, selecting buyers for its publishing arm and recorded-music label?at a price that well exceeds many industry watchers' expectations.

Source: http://allthingsd.com/20111111/citi-to-sell-emi-units-for-4-1-billion/

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