Music giants in takeover tug-of-war

Music giant EMI and US rival Warner Music were locked in a takeover tug-of-war today as both companies battled to take control of each other.

Music giants in takeover tug-of-war
Wed, 28 Jun, 2006 - 09:37

Music giant EMI and US rival Warner Music were locked in a takeover tug-of-war today as both companies battled to take control of each other.

EMI – home to Coldplay, Gorillaz and Robbie Williams – said today it had rejected a 320p-a-share offer from Warner which valued the company at €3.67bn.

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