Universal Music Said To Expect EU Probe Of EMI Takeover -Bloomberg
March 19 2012 - 2:07PM
Dow Jones News
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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