BMG Submits Bid for EMI, WMG Reportedly Next
Date: Tuesday, July 26, 2011 @ 14:58:36 UTC

Music publisher BMG Rights submitted its bid for EMI to bankers Citigroup in on Friday, according to the New York Post. Warner Music Group is expected to submit their bid this week. Other expected bidders include: Sony Corp. Vivendi's Universal Music Group and the with the private-equity firms Gores Group and Ron Perelman's MacAndrews & Forbes. Complete Article

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