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Re: [ARSCLIST] EMI is NOT about to be bought by a private-equity firm



Wrong! The bid from Terra Firma was decisively rejected by EMI shareholders. It was only taken up by 3.6% of shareholders. There is likely to be a new bid from Warners and that may well be successful. Don't you read the business news?

SA

----- Original Message ----- From: "Tom Fine" <tflists@xxxxxxxxxxxxxxxxxxx>
To: <ARSCLIST@xxxxxxxxxxxxxxxx>
Sent: Thursday, July 19, 2007 2:03 AM
Subject: Re: [ARSCLIST] 78s, SoundExchange, & SaveNetRadio-Tom & Mal


I would hope, given that all but EMI of the major record companies are
publicly-traded (EMI is about to be bought by a private-equity firm), that the dealings of their industry association is aimed at maximum long-term sustainable profits for the companies, and killing off a source of revenue is not good business.

-- Tom Fine


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