PIONEER DJ

Tuesday, December 05, 2006

NEWSSOURCEDOTCOM:NEWS:LABEL:EMI

EMI LIKELY TO REJECT EURO BID
Music giant thought to be looking for $5.5 billion offer

EMI is expected to reject a takeover bid from European private equity outfit Permira. The music conglom is thought to be holding out for a bid that would value it at about $5.5 billion.

Source: Variety Headline News Newsletter
Headline_News@email.variety.com

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