Warner Music Decides Not To Bid On EMI, Leaving Company To Terra Firma (Seeking Alpha

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Warner Music Group has decided not to bid for EMI Group PLC, according to a statement released by the company Tuesday, ending a courtship that lasted several years years. Warner shares gained 2.3% in regular trading Tuesday, and another 1.8% after hours on the news; EMI's shares are down nearly 2% in London trading as [... ]

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