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Universal's bid for EMI music division approved

Regulators in the U.S. and Europe on Friday approved Universal Music Group’s $1.9 billion acquisition of the music division of EMI Group Ltd., giving the Los Angeles-based music company control of the Beatles music catalogue and the iconic Abbey Road studios in London, but forcing it to divest interest in the music of Coldplay.

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20:36 on September 21 2012

Universal's bid for EMI music division approved

L.A. Times - Pop & Hiss — Regulators in the U.S. and Europe on Friday approved Universal Music Group’s $1.9 billion acquisition of the music division of EMI Group Ltd., giving the Los Angeles-ba... more info