WASHINGTON (Reuters) – The Federal Trade Commission has approved a Sony-led consortium's purchase of EMI Music Publishing, without having to make any divestitures, the FTC said on Friday. U.S. antitrust regulators gave the nod to the $ 2.2 billion deal in a brief letter to the companies. The agency is expected to issue a decision in coming months on a related and more controversial deal — Universal Music's plan to buy EMI's recorded music catalog from Citigroup Inc for $ 1.9 billion. …
Sony group wins U.S. approval to buy EMI music publishing
by admin on Friday, June 29th, 2012 | Comments Off
