Takeover move at EMI boosts shares

Takeover speculation involving music group EMI was reignited today after it said it had received an approach.

Takeover move at EMI boosts shares
Tue, 28 Nov, 2006 - 13:32

Takeover speculation involving music group EMI was reignited today after it said it had received an approach.

Shares in the company jumped 10% – valuing London-based EMI at more than £2.3bn (€3.4bn) – after a brief statement to confirm the takeover interest.

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CourtsBusinessHeathrowPlace: LondonPlace: USPerson: ChairmanPerson: Eric NicoliPerson: Robbie WilliamsOrganisation: EMIOrganisation: FinancialOrganisation: KohlbergOrganisation: Goldman SachsOrganisation: Warner Music GroupOrganisation: ColdplayOrganisation: GorillazOrganisation: Rolling Stones
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