Vivendi SA's (VIV.FR) Universal Music Group expects European Union regulators to open an in-depth probe into its planned acquisition of EMI Group's recorded-music unit, Bloomberg News reported Monday, citing a person familiar with the situation.

The report said that Universal opted not to propose any antitrust concessions but may choose to do so during next phase of the merger review, according to the person.

Vivendi declined to comment on the EU probe, and a spokesman for the European Commission declined to immediately comment, the report said.

Full story at http://www.bloomberg.com/news/2012-03-19/universal-said-to-expect-in-depth-eu-probe-on-emi-takeover-1-.html

-Dow Jones Newswires; 212-416-2900

 
 
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