Music publisher Chrysalis sold for £107m

Founder Chris Wright goes into 'semi-retirement' after sale of firm to consortiumWhen he was social secretary at Manchester University in the 1960s, two of the bands Chris Wright booked to perform there were Cream and the Yardbirds. It marked the beginning of 42 years in an industry that finally came to a close with the £107m sale of Wright's company today.The 66-year-old will walk away with £29m following the sale of Chrysalis, one of the few remaining independent music companies, and begin "...

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