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Thursday, April 7, 2011

Apres WMG, EMI?

NEXT UP: While action percolates around WMG, Citigroup is said to be struggling to complete due diligence on EMI, having considerable trouble getting through the mass of internal paperwork. The delay is reportedly frustrating prospective buyers, some of whom are believed to prefer EMI to WMG, but have been forced to bid on the latter for fear of being left out in the cold. (4/7p)

 
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