Tuesday, July 17, 2007

Warner decides not to make EMI bid

(Reuters) - Warner had been grappling with a decision on whether to counter-bid for its British rival as an offer deadline approached after EMI agreed to a 2.4 billion-pound takeover from private equity group Terra Firma in May.



The two music companies have attempted merging on various occasions in the past seven years.


Read more at Reuters.com Mergers News

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