Vivendi SA's (VIV.FR) Universal Music Group was scheduled to meet European Union regulators Thursday to discuss Universal's proposed concessions related to its planned $1.9 billion purchase of EMI Music, Bloomberg News reported, citing a person familiar with the matter.
After European regulators had voiced objections to the deal, which would give Universal-EMI a market share of well over 40% in some countries, Universal proposed concessions that reportedly included the sale of Parlophone Records and other assets.
Full story at http://www.bloomberg.com/news/2012-08-09/universal-music-said-to-meet-regulators-amid-emi-cuts.html
Write to email@example.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires