Sony Stays Mum On Sale Of Music Venture (FMQB)

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Sony has declined to confirm or deny a Financial Times report that Bertelsmann AG is trying to sell Sony its 50 percent stake in their joint music venture, Sony BMG . Reports say that Bertelsmann wants Sony to buy out its half of the business for as much as $1.5 billion within four to six weeks, but it may only get $1.2 or $1.3 billion.

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