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Monday, May 16, 2011

WMG Killer B's Swarm EMI

THE KILLER B'S: That would be WMG’s suddenly potent one-two combination of Len Blavatnik and Edgar Bronfman Jr., who now turn their attention to the next step of their master plan—a long-coveted acquisition of EMI. Sources report that Citigroup’s Dick Parsons is already lining up his pal Bronfman and Blavatnik as prime buyers when the EMI auction takes place, reportedly later this month. Insiders expect that deal to close within the next 60 to 90 days. (5/16p)

 
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