Universal/EMI deal will go through this week - report
Monday, Sep 3rd 2012 at 9:33AMUniversal's proposed £1.2bn acquisition of EMI Music will be given the go-ahead by the EC this week, according to the Sunday Times.
The newspaper reports that Universal will be forced to sell Parlophone - 'the record label behind Kylie Minogue and the Beatles' - as part of the deal.
However, according to a leaked memo from EMI boss Roger Faxon earlier this year, Universal intends only to divest Parlophone in the UK, whilst keeping The Beatles catalogue.
Other national newspaper ...
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