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Oct 2, 2008 · Bertelsmann's 50 percent stake in Sony (NYSE: SNE) BMG has been acquired by Sony Corp. in a purchase that values the entire company at nearly $1.8 billion, according to the WSJ. Under plans...
Aug 5, 2008 · As expected, Sony Corp (NYSE: SNE). and Bertelsmann AG have reached an agreement that has Sony buying Bertelsmann's 50 percent stake in Sony BMG for $1.2 billion. The music company will be...
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Aug 6, 2008 · Sony on Tuesday agreed to buy Bertelsmann out of Sony BMG, giving the Japanese electronics group control of the world’s second largest record company for an initial $600m while allowing the ...
- Gwen Robinson
Oct 2, 2008 · Sony reportedly spent $600 million on the buy back. As one of the four major labels, Sony was responsible for roughly 24.1% of the album market share in the past nine months.
Aug 5, 2008 · FRANKFURT/TOKYO (Reuters) - Sony Corp agreed to buy Bertelsmann's 50 percent stake in their Sony BMG music joint venture for around $900 million, ending a four-year venture that never...
Aug 6, 2008 · Bertelsmann had once hoped to sell its share of Sony BMG for as much as $1.6 billion, according to industry executives. But in a difficult market, it was forced to settle for a $600 million...
Sep 30, 2008 · New York, October 1, 2008 – Sony Corporation today announced that it has completed the acquisition of Bertelsmann’s 50% stake in Sony BMG, which was originally announced on August 5, 2008. The music company, to be called Sony Music Entertainment Inc. (SMEI), is now a wholly owned subsidiary of Sony Corporation of America. SMEI is comprised ...
