Mergers & Acquisitions
Nov. 15, 2011
Sale of EMI leaves record industry much smaller
The $1.9 billion purchase of EMI Group's music business by Santa Monica-based Universal Music Group and its parent company Vivendi SA has shrunk the struggling record industry to three major labels.
Daily Journal Staff Writers
The $1.9 billion purchase of EMI Group's music business by Santa Monica-based Universal Music Group and its parent company Vivendi SA has shrunk the struggling record industry to three major labels.
Munger, Tolles & Olson LLP represented Universal Music Group, which bought EMI from Citigroup Inc. Los Angeles partner Mary Ann Todd led the firm in its role as U.S. counse...
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