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EMI to admit defeat in battle for Warner.
Financial News, November, 2003
Tags: EMI Group Plc., entertainment, music business
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EMI is likely to admit defeat today in its attempt to buy Time Warner's recorded music business if the US entertainment group accepts details of a last-minute cash offer from a consortium led by Edgar Bronfman Jr, the entertainment mogul.The UK music group, chaired by Eric Nicoli, would then ...
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