Unions back EMI takeover

Universal Music Group has won the qualified support of two North American artists' unions for its proposed $1.9bn (€1.44bn) acquisition of the recorded music division of the UK's EMI Group Ltd.

Unions back EMI takeover
Wed, 18 Apr, 2012 - 09:35

Universal Music Group has won the qualified support of two North American artists' unions for its proposed $1.9bn (€1.44bn) acquisition of the recorded music division of the UK's EMI Group Ltd.

The unions gave their conditional backing in letters sent last week to the Federal Trade Commission.

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CourtsBusinessHeathrowPlace: UKPlace: FrancePlace: USPlace: EuropePerson: Norah JonesPerson: RihannaPerson: Lady GagaPerson: Kim Roberts HedgpethPerson: Edgar Bronfman JrOrganisation: EMIOrganisation: Universal Music GroupOrganisation: EMI Group Ltd.Organisation: Federal Trade CommissionOrganisation: SAG-AFTRAOrganisation: American Federation of MusiciansOrganisation: UniversalOrganisation: The BeatlesOrganisation: Smashing PumpkinsOrganisation: U2Organisation: Terra FirmaOrganisation: Vivendi SAOrganisation: Sony/ATVOrganisation: Sony Music EntertainmentOrganisation: Warner Music GroupOrganisation: Warner MusicOrganisation: European CommissionOrganisation: EC
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