EMI shares up on report of renewed Warner bid plan
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Shares in EMI Group Plc EMI.L gained   as much as 7.1 percent on Wednesday following a report that   Warner Music Group Corp. WMG.N was preparing a new bid to buy   the world's third largest music company.
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Warner Music Group has decided not to make an offer for British rival EMI Group, the company said in a statement on Tuesday, but left open the possibility of a bid in the next six months.
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London equities made strong gains on Friday,as fresh bid activity energerised the mining sector and Wall Street futures took off after Microsoft made an offer for Yahoo.
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NEW YORK -- Warner Music Group is "actively" considering making a new offer to buy rival EMI Group, which accepted a buyout bid for $4.8 billion from Terra Firma Capital Partners last month.
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Shares in Royal Dutch/Shell have risen in Amsterdam and London, lifted by speculation that investors will increase their holdings in the stock to reflect its unified structure.
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European tobacco stocks were lifted by bid activity on Thursday which helped equity markets nudge higher as investors awaited interest rate decisions from both the European Central Bank and the Bank of England.
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U.S.-based Fortress Investment Group Llc  has joined the pack of potential bidders for British music firm EMI Group Plc , The Sunday Telegraph reported, citing people familiar with the situation.
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Britain's EMI said it had received a bid approach from U.S. rival Warner Music, the latest twist in a seven-year battle in which the two music groups have tried to buy each other.
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EMI, home to artists such as Robbie Williams, Radiohead and Norah Jones, reported explosive growth in digital music sales yesterday and said it was winning the battle against piracy.
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The chief executive of Warner Music  Group Corp. is paving the way for a new bid for EMI Group Plc  by trumpeting the benefits of a merger with the firm's  shareholders, the Times reported on Wednesday.
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Warner Music Group Corp. said on  Tuesday it decided against bidding for British rival EMI Group  Plc, two days before a deadline to submit an offer loomed.
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Warner Music Group said on Wednesday any takeover offer for Britain's EMI Group Plc would probably all be in cash, briefly boosting the London-based company's shares.
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LONDON -- The long courtship between EMI Group PLC and Warner Music Group is on again. EMI confirmed Tuesday that it had received an approach from Warner about a possible bid.
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Warner Music Group  has made a bid approach for Britain's EMI  despite uncertainty over whether any deal would win regulatory approval, in the latest twist in a seven-year tit-for-tat takeover battle.
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Business & money: Shares in the internet company rise further after it says Â£21bn unsolicited offer is too low
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Manchester United has received a bid approach, boosting its shares as industry sources said U.S. sports tycoon Malcolm Glazer planned a bid of more than 650 million pounds.
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Warner Music is still considering its  position on Britain&#39;s EMI and is more likely than not to make  an improved offer by early next week, two sources familiar with  the situation told Reuters on Monday.