Top shareholders in EMI have signalled that they are likely to support Terra Firma’s recommended £3.2bn offer for the UK music group.
One leading shareholder told the Financial Times that it was “not unhappy with the deal that is on the table”.
EMI shareholders back Terra Firma bid
By Emiko Terazono and Kate Burgess
Published: May 23 2007 00:25 | Last updated: May 23 2007 00:25
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