Date:         Wed, 18 Jul 2007 22:30:46 -0400
Reply-To:     Association for Recorded Sound Discussion List
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Sender:       Association for Recorded Sound Discussion List
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From:         David Lennick <[log in to unmask]>
Subject:      Re: EMI is NOT about to be bought by a private-equity firm
Comments: To: Association for Recorded Sound Discussion List <[log in to unmask]>
In-Reply-To:  <008401c7c9a7$298b1290$0200a8c0@steve3000>
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Steve Abrams wrote:
> 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

Just read in today's paper that Warner's is NOT going to bid.

dl
> 
> ----- Original Message ----- From: "Tom Fine" <[log in to unmask]>
> To: <[log in to unmask]>
> 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
>