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.


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Freddie Mac opts not to issue REMICs in July

(Reuters) - Freddie Mac last issued reference REMICs in June, selling
$1.265 billion R013 with a final maturity of Dec. 15, 2021.




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Ex-EMI CEO readying rival takeover bid: NYPost

(Reuters) - EMI's board recommended a 265 pence a share offer from private equity firm Terra Firma on Monday.




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Warner may offer extra $197 mln for EMI: paper

(Reuters) - Last week people familiar with the situation said that EMI
had opened the door for suitors including Warner Music to
inspect the company's financial data.




Warner is widely considered by analysts to be the natural
home for EMI.


Read more at Reuters.com Business News