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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 called...
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 ...
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Aug 5, 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 settled for a $600 million cash payment, plus...
Oct 1, 2008 · Sony Corporation of America - 10/01/2008. 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.
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
Aug 5, 2008 · Aug 5, 2008 7:06 AM. Sony Buys Out Bertelsmann’s Sony BMG Stake for $1.2 Billion. The second largest record label in the world now belongs only to Sony.
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 ...
