EMI recording division sold for $1.2bn

EMI Group Ltd, home of The Beatles and Coldplay, has been sold in two parts for $4.1bn (€3bn)

EMI recording division sold for $1.2bn
Fri, 11 Nov, 2011 - 15:58

EMI Group Ltd, home of The Beatles and Coldplay, has been sold in two parts for $4.1bn (€3bn)

Vivendi SA’s Universal Music Group said today it has agreed to buy the recording division of EMI for $1.93bn (€1.4bn).

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