Sony-EMI deal set to get nod from EU

European competition regulator likely to allow Sony-led bid to buy EMI Music's publishing assetsThe European competition regulator is set to give a Sony-led consortium the green light in its bid to buy EMI Music's publishing assets for $2.2bn (£1.4bn).The consortium, which is led by Sony Music's Sony/ATV, will not face an in-depth probe from the European Commission after agreeing to sell off certain assets.To gain approval Sony agreed to sell several music catalogues – including Virgin Record...

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