My express news

27Feb/10

EMI says Abbey Road studios not for sale

LONDON (AP) — Cash-strapped music company EMI Group Ltd. has shelved plans to sell Abbey Road and is now looking for an investor to help save the London recording studio made famous by The Beatles. News last week that EMI had been speaking to potential buyers sparked dismay among music fans. Former Beatle Paul McCartney [...]

20Feb/10

Hard-up EMI seeks buyer for Abbey Road studios

LONDON (AP) — Cash-strapped music company EMI Group Ltd. is seeking a buyer for Abbey Road studios, where The Beatles recorded some of their most famous songs, a person familiar with the situation said Tuesday. The person said talks had been going on for several months, but a buyer had not yet been found. The [...]

21Dec/09

Terra Firma Sues Citi over EMI Takeover

By Anne-Sylvaine Chassany (Bloomberg) — It was around midnight and British financier Guy Hands was on the phone again with “the Worm,” his long-time dealmaker at Citigroup Inc. (C), David Wormsley. The next morning, May 21, 2007, Hands’s private equity firm, Terra Firma Capital Partners Ltd., bid 4 billion pounds ($6.5 billion) for EMI Group [...]