Tamares Puts in a Bid for the Whole of Warner Music, FT Reports
By Alan Purkiss -
2011-03-22T05:07:15Z
Tamares, a property investment and private-equity firm controlled by Poju Zabludowicz, has put in a bid for the whole of Warner Music Group Corp. (WMG), the Financial Times reported, citing three unidentified people familiar with the matter.
A Tamares representative declined to comment, the newspaper said.
The bid brings to six the number of offers known to have been submitted for all or part of Warner Music in the second round of bidding, the FT said.
BMG Music Publishing Group may have put in a bid worth about $2.8 billion, the newspaper said.
To contact the reporter on this story: Alan Purkiss in London on apurkiss@bloomberg.net.
To contact the editor responsible for this story: Colin Keatinge at ckeatinge@bloomberg.net.
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