Latest news on those reports last week that an investment house had made a takeover approach to EMI is that talks are ongoing between the major and investment firm (which is almost definitely private equity fund Permira) but that insiders expect the record company's board to ultimately reject the bid. More when we get it, obviously.
Dec 5, 2006
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1 min read
EMI takeover talks ongoing
Takeover talks between EMI and an investment house, likely private equity fund Permira, are ongoing, though insiders expect EMI's board to reject the bid.