Chrysalis agrees to takeover by BMG

Bertelsmann joint venture to pay £107m for music publisher with rights to songs by David Bowie and Michael JacksonMusic publisher Chrysalis, which has a back catalogue including the rights to songs by artists such as David Bowie and Michael Jackson, today agreed a £107.4m takeover by German media giant Bertelsmann and a private equity firm.Chrysalis is being bought by BMG Rights Management, a joint venture between Bertelsmann and private equity firm Kohlberg Kravis Roberts that has a catalogue...

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