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Flom-Rudolph to bid on EMI assets

BOSOM-BUDDY BIDDERS: Add a couple more warm bodies to the list of prospective bidders for the EMI assets UMG is about to divest. Their names are former Bug Music CEO John Rudolph and the one and only Jason Flom, who’s apparently poised to begin his latest exploit. The two are partnering on a bid, according to a Billboard source. UMG’s investment bankers are still collecting signatures for non-disclosure agreements and won’t have the data room ready for another week or two, the source notes. Per the terms of the European Commission agreement, the assets must be sold to a buyer with a track record in running a music company and experience in management. But some sources tell the bible that there’s wiggle room on whom the assets are sold to, pointing out that all a financial buyer has to do is hire a former label president in order to qualify. (11/16a)    

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