EMI and Bertelsmann end talks
London/Gütersloh (ots) - After intensive exploratory talks, Britain's EMI Group plc and Bertelsmann AG have decided not to continue the negotiations about merging their music businesses. The companies have mutually concluded that the regulatory hurdles Brussels and Washington would most likely impose on an EMI/Bertelsmann Music Group (BMG) merger would require a complicated, lengthy investigation and approval procedure. Also, preliminary talks indicated that there would ...
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