Warner rules out EMI offer 'for the moment

US-based Warner Music Group says it has decided against making an offer to acquire British rival music company EMI.

Warner rules out EMI offer 'for the moment
Wed, 18 Jul, 2007 - 08:20

US-based Warner Music Group says it has decided against making an offer to acquire British rival music company EMI.

But Warner Music, based in New York, said that it reserves the right to make an offer or to participate in a takeover bid for EMI by someone other than the private-equity firm Terra Firma Capital Partners.

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