WMG To Make Fresh Run At EMI?
September 27, 2006 at 6:16 AM (PT)
According to BusinessTimesonline, WMG chief EDGAR BRONFMAN, is preparing for a fresh bid for EMI by targeting the British group’s shareholders and emphasizing the benefits of the deal. BRONFMAN was in LONDON meeting with EMI investors recently, but WMG gave no details of the meetings. For more on this story, click here.
And according to Bloomberg.com, shares of EMI GROUP PLC gained as much as 5.6% on reports of BRONFMAN's visit with EMI's shareholders.