Warner Music says EMI offer would likely be cash
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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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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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British music company EMI Group Plc   said on Thursday it had ceased discussions over an  offer being made for the company as it did not fully reflect  the prospects and value of the group.
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British music group EMI urged its  shareholders on Wednesday to start selling to private equity  group Terra Firma after long-term suitor and rival Warner Music  Group finally ruled out a counterbid.
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Former EMI Group Plc  Chief Executive Jim Fifield is interested in potentially making an offer for the world's third biggest music company, he said on Friday.
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Apple and EMI's agreement to offer DRM-free music tracks is unlikely to be threatened by the record label's changing ownership. In fact, say some analysts, the choice may have been a demonstration to potential investors of the company's forward-thinking ways.
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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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Shares in Britain's EMI  rose on  Thursday following a media report that it was in talks with a  number of private equity firms over potential alternatives to a  takeover approach from Warner Music .
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Britain's EMI  has written to U.S. rival Warner Music  to outline what its reaction would be to a bid and highlighting its concerns over regulatory issues, a source familiar with the matter said on Thursday.
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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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Free music download service, expected in November, will offer songs from EMI.
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Warner Music Group&#39;s decision on  whether to counter bid for British rival EMI Group has become a  tortuously long one, as the No. 4 player grapples with exposing  itself further to recorded music amid a faster-than-expected  decline in the industry.
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Warner Music Group said on Wednesday  it is hunting for a new chief executive for its music  publishing unit, in a move likely to rekindle speculation of a  partnership with the head of EMI Publishing.
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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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Media conglomerate Viacom Inc. said on  Monday it may sell its music publishing business, which  includes music from contemporary hit artists Eminem and  Shakira.
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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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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¦