Chrysalis boosted by EMI bid talk
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Shares in record label Chrysalis jump by as much as 10% after reports of takeover interest from Terra Firma.
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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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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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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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Birmingham confirm they have been approached about a possible takeover bid.
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Warner Music Group  is considering making a bid approach for the music publishing arm of Britain's Chrysalis , newspapers said on Sunday.
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LONDON, November 19  âThe share price of the global music company, EMI (EMI.ETR), appreciated nearly 10% to 228.5p on the London Stock Exchange today, after the company guided to improved full year results, despite posting ay/y decline
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EMI shares surged 15 per cent yesterday after the record company unveiled weaker interim profits and revenues but gave a robust outlook on the back of impending releases from artists including the Rolling Stones and Coldplay.
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Europe&#39;s main stock markets jumped higher thanks to takeover talk in the banking, travel and stock exchange sectors, dealers said Wednesday.
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Shares rallied on speculation that global demand for commodities and higher raw-material prices may fuel more takeovers.
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Shares in media group Emap   jumped on Monday on speculative interest as some investors took  the view that a counter-bidder may pitch for the company's  specialist publishing and conferences assets.
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U.S. Warner Music Group  has bid  2.5 billion pounds (&#36;4.6 billion) for Britain&#039;s EMI Group Plc   in an attempt to take control of the company that has  been pursuing it, the Financial Times said on Wednesday.
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Warner Music says it has not yet ruled out making another bid for the iconic UK music business EMI Group.
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Shares of WMC Resources Ltd., the world&#39;s fifth-largest nickel metal producer, rose on optimism Xstrata Plc. will need to raise its A$7.4 billion ($5.8 billion) hostile bid and that other companies may submit higher offers.
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Chrysalis sells its radio business for Â£170m to an investment firm headed by former ITV boss Charles Allen.
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EMI Group, the struggling British music company, has said that it has received a new takeover approach from US rival Warner Music.
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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.