EMI withdraws offer for Time Warner's record division

Music group EMI today said it had pulled out of the race for Time Warner’s recorded music division.

EMI withdraws offer for Time Warner's record division
Mon, 24 Nov, 2003 - 07:02

Music group EMI today said it had pulled out of the race for Time Warner’s recorded music division.

London-based EMI said it had been unable to agree a deal with the US company that would be acceptable to both parties and in the interests of EMI’s shareholders.

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