Gallo, Phil
May 2006
Daily Variety;5/17/2006, Vol. 291 Issue 33, p5
Trade Publication
The article reports that Richard Branson, a music recording executive, has sold majority of his interest in the recording label V2 to Morgan Stanley and Co. Inc. The move by Branson is interpreted as a plot by his company Virgin Group Ltd., in which the V2 is affiliated, to launch a Virgin-branded music television station. Morgan Stanley has acquired a large stake in the label by converting $128 million in bonds.


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