Talking of secret meetings involving EMI execs, HitsDailyDouble also reckon that the London based major is in talks with Warner Music investor Thomas H Lee Partners about some kind of takeover. Of course rumours of a EMI / Warner merger circulate more or less every week, but HDD reckon these talks might be serious and that it is takeover plans that is helping boost the Warner stock price. Then again, other rumours say Warner bosses Edgar Bronfman Jnr and Lyor Cohen will be briefing against any takeovers because they don't reckon they'll be a personal role for them at any merged EMI Warners - so it remains to be seen if anything will come of the latest talks or, for that matter, if there are really any talks to come of anything. If that makes sense. Which it possibly doesn't.
Aug 25, 2005
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1 min read
EMI in takeover talks with Warner?
HitsDailyDouble reports EMI is in talks with Warner Music investor Thomas H Lee Partners about a possible takeover, though the reports remain unconfirmed.