EMI set to reject Permira offer
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EMI Group Plc  is expected to  reject a potential 2.5 billion pound ($4.92 billion) bid from  private equity firm Permira as being too low, the Times  newspaper said on Monday.
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EMI Group PLC, beset by profit warnings and an accounting scandal in Brazil, was thrown a potential lifeline yesterday with a possible new takeover bid by a former suitor, Warner Music Group.
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Merlin waves magic wand Independent labels are in a public row over whether to back Warner Music's bid for ailing British major EMI. The merger would see the 'Big Four' consolidate into a Big Three.â¦
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Chemicals group Imperial Chemical Industries (ICI) said on Monday that it had rejected a takeover offer of 7.2 billion pounds from Dutch rival Akzo Nobel.
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Warner Music decides not to make a rival bid for EMI, the British music firm which is set to be bought out by a private equity group.
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Struggling music company EMI Group PLC, beset by profit warnings and an accounting scandal in Brazil, was thrown a potential lifeline Tuesday with a possible new takeover bid by former suitor Warner Music Group.
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The record label EMI is planning to cut as many as 2,000 jobs worldwide as part of a restructuring plan.
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EMI, the world's third-biggest music company, whose artists include The Beatles, said Tuesday it would slash 1,500-2,000 jobs worldwide following its takeover by a British private equity firm.
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Warner Music Group Corp. said on  Tuesday it decided against bidding for rival EMI Group Plc, two  days before a deadline to submit an offer.
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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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EMI, the world&#39;s third largest music group, admitted yesterday it was facing an investigation into how music companies influence the songs played on the radio.
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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.
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English Premiership club Newcastle have reportedly rejected a takeover bid from the Belgravia Group.
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Warner Music Group Corp.   said on Wednesday any takeover offer it might make for  Britain's EMI Group Plc  would probably be all cash.
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EMI, the struggling British music company, said Friday that it had rejected an informal takeover bid by US rival Warner Music Group, claiming the cash offer worth 2.08 billion pounds (3.07 billion euros, 4.05 billion dollars) was &quot;inadequate.&quot;
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IntercontinentalExchange Inc.  on Thursday urged Chicago Board of Trade  shareholders and members to reject the proposed sale to Chicago Mercantile Exchange Holdings Inc.
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Warner Music Group has approached Britain's EMI about a possible bid despite uncertainty over whether it would win regulatory approval, in the latest twist in a seven-year tit-for-tat takeover battle.