EMI, Warner call it off

LONDON – EMI Group and Warner Music on Thursday abandoned their existing plan to create the world's largest music group after tough negotiations with Europe's competition authorities. The merger concept had been in trouble almost from the very beginning.

But Britain's EMI and Warner Music's U.S. parent Time Warner emphasized their belief that a merger made sense and said they would keep talking in an effort to reach a deal acceptable to regulators.

This article was written for an earlier version of The Daily Roxette.
Technical errors may occur.

  ★ The author:
Lars-Erik Olson

  ★ Publishing date:

October 5th, 2000

Internal reference code for TDR's Good Reporters: [tdr 111965]

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Archive, TDR:Misc, vintage.

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