Quantcast
IB on Citi's offer to Hands

HOW LOW CAN THEY GO? Citi’s reported invitation to Guy Hands to buy EMI a second time for 1.6 billion has the rank and file at the company alternately laughing hysterically and quaking in their boots. Would Citi sell EMI to another potential buyer for the same price, and what is the bank’s exposure? It appears that Citi’s price tag to Hands has set a new low for the value of both EMI and WMG. BTIG’s Rich Greenfield has put a “sell” rating on the stock, with a target price of $4.50. “Why would anyone buy Warner with the EMI auction looming?” he asks. (1/27a)

ANOTHER BILLIE BANGER? (UPDATE)
Are you free Wednesday afternoon? (11/12a)
BIEBER BY CHRISTMAS?
How's that for a tease, Bieber Nation? (11/12a)
NEAR TRUTHS: MEET
THE NEW BOSSES
Not the same as the old bosses (11/12a)
CMA CENTERPIECE
CARRIE UNDERWOOD
This sure feels like her moment. (11/12a)
WHO'S GETTING ZERVAS?
It's down to two bidders. (11/12a)
THE GRAMMY NOMINATIONS
They'll soon be here, and then we can start obsessing about who'll win.
U.K. SPECIAL
Forget Brexit--it's our yearly survey of doings in Blighty. And if you still can't forget Brexit, try drinking.
ZERVAS STATION
Who's going to land the hottest unsigned property in music?
WEED!
That's what Hollywood smells like. Seriously. 24/7.
 Email

 First Name

 Last Name

 Company

 Country
CAPTCHA code
Captcha: (type the characters above)