Well, Warner Music are expected to make yet another offer for EMI today. Well, that's what the London Evening Standard reckon, other media commentators are less certain. The Standard says Warner will get in just before the deadline on that other takeover offer from Terra Firma closes later today with a slightly higher bid than the private equity types. Others reckon Warner will let the Terra Firma deal go ahead rather than stage a hostile bid, and then try to buy their rival off the private equity outfit at some point in the near future.
Jun 27, 2007
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1 min read
Will Warner stage one more EMI bid?
Warner Music is reportedly expected to make a higher bid for EMI shortly before the deadline for Terra Firma's takeover offer closes, though commentators are divided.