A2IM calls for UMG/EMI divestments in the US
A2IM has called for a package of remedies for the Universal/EMI deal in the US following Universal’s divestment proposal to the European Commission last week.
Universal submitted a package of divestments to the European Commission on Friday in a bid to push its proposed £1.2bn acquisition of EMI Music past regulators.
A leaked letter from EMI’s Roger Faxon later revealed that the proposed remedies included Parlophone (excluding the Beatles) and a number of other labels and catalogues in the European ...
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