Warner Music Gains Approval to Buy Parlophone, a Last Piece of EMI - NYTimes.com - 0 views
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Universal was forced to sell about a third of those assets to preserve competition in the market.
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In February, Warner made a $765 million deal for the Parlophone group, a large chunk of EMI that includes some of its biggest labels,
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Warner worked to win approval from independents by promising those groups the opportunity to buy “a significant portion” of the Parlophone assets.
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