IMPALA boss: Richard Branson wants ME to run Virgin Records

Well this just keeps getting more interesting, doesn't it?

IMPALA co-president Patrick Zelnik, who last night shocked the indie sector by publicly supporting Universal's £1.2bn bid for EMI Music, has now claimed that Sir Richard Branson has handpicked him to run Virgin Records - which just happens to be a possible divestment of the acquisition.

Speaking to the Financial Times, Zelnik said that he had held talks with Branson over a potential swoop for Virgin, which is currently owned by ...

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