Tuesday, November 28, 2006

EMI Receives Preliminary Takeover Offer

EMI, the British music company whose artists include The Beatles, received a preliminary takeover offer which caused their share price to skyrocket. EMI had previously turned down an offer from Warner Music. The shares of EMI, which trade on the London Stock Exchange, were up 10%.

http://news.bbc.co.uk/2/hi/business/6191350.stm

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