Of course all that IMPALA/Warner shenanigans is only really relevant if Warner successfully convince EMI's board and/or shareholders to sell - though work continues to try and make that happen. The Observer has reported that Warner Music chief Edgar Bronfman Jnr has asked for a meeting with EMI Group Chairman John Gildersleeve, and possibly EMI CEO Eric Nicoli, to discuss the next steps in the two majors' long running merger games. The paper says Bronfman is willing to sweeten the takeover deal that his company made and EMI turned down last month, but that he wants confirmation that in principle the London major is interested in merging should the right deal be struck.
Mar 13, 2007
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1 min read
Bronfman wants to meet EMI chief
According to The Observer, Warner Music chief Edgar Bronfman Jnr has asked to meet EMI's chairman and possibly its CEO to discuss a sweetened takeover bid.