Zetichik, Steven
May 2006
Daily Variety;5/8/2006, Vol. 291 Issue 25, p6
Trade Publication
The article reports on the increase in revenue of Warner Music Group (WMG). EMI has offered to buy the company for $4.2 billion, but WMG quickly rejected the offer. WMG is thought to be holding out for a better deal. The favorable earnings announcement may show in retrospect why WMG was so quick to dismiss the proposal.


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