Warner Still Wants EMI
03/13/07
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(FMQB) After EMI rejected a $4.1 billion takeover bid from Warner Music Group (WMG) earlier this month, WMG is reportedly ready to sweeten the deal. Warner chief Edgar Bronfman Jr. will soon meet with EMI chairman John Gildersleeve to discuss a fresh proposal, however, Bronfman wants an assurance from EMI that they will be prepared to consider a revised deal before he ups the ante, according to the U.K.'s Observer.[see full story for more] - Click here for the Full Story
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