EMI Shareholders vote Terra Firma top of the pops

EMI shareholders back Terra Firma deal with 90.27% of EMI shareholders accepting the offer, thus giving it the green light to purchase the major record label.

I suspect the prospect of Terra Firma walking away because Citigroup might not have agreed to fund an extension to the offer or improved offer must have preyed on some shareholders minds who were fearful that this was the last chance of a decent offer for a while.

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posted by John Wilson @ 12:35 AM Permanent Link newsvine reddit



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