Pursuits
Sony-led Group Seeks EU Approval for EMI Publishing Deal
This article is for subscribers only.
A Sony Corp.-led group sought European Union approval for its $2.2 billion purchase of EMI Group’s publishing unit, a deal that will create the world’s second-biggest music catalog.
The European Commission set an initial deadline of April 2 to rule on the deal, it said on its website today. Sony said yesterday it made the merger filing and was “confident that the transaction will be approved.”