EMI board pro-Firma

Gallo, Phil
July 2007
Daily Variety;7/19/2007, Vol. 295 Issue 76, p5
Trade Publication
The article reports that EMI's board of directors is asking all shareholders to accept as soon as possible the purchase offer made by Maltby Ltd.'s Terra Firma in England. EMI asserts that it doubts Warner Music or Jim Fitfield will ever make an offer for the company. It also has serious doubts concerning Fitfield's suggestion that the deadline caused Warner Music to forego making a bid, and that Fitfield did not contact EMI since he announced his interest in the company on May 25, 2007.


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