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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
MUSIC ENTERTAINMENT (“SONY BMG”). The transaction will be structured as follows: First, a portion of Bertelsmann’s interest in SONY BMG will be redeemed for approximately $600 million of cash by SONY BMG (SONY BMG has not been consolidated by Sony and will not be consolidated until after this transaction closes).
An EU court has overturned the European Commission's approval of the merger between the music divisions of Sony and Bertelsmann, forcing the companies to apply again.
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Nov 6, 2003 · <br>FRANKFURT, Germany (AP) _ Bertelsmann AG and Sony Corp. plan to merge their music businesses, Bertelsmann announced Thursday. <br><br>A merger of Sony Music Entertainment and Bertelsmann's BMG
Aug 6, 2004 · August 6, 2004. Sony Corp. and German multi-media company Bertelsmann AG have finalized the merger of their music units to form Sony BMG Music Entertainment this week. The new company becomes...
Nov 6, 2003 · Nov. 6, 2003. FRANKFURT, Nov. 6 — Bertelsmann A.G. and the Sony Corporation said today that they had signed a preliminary agreement to combine their music divisions in a joint venture, becoming...
Jan 12, 2004 · Music News. EU Regulators To Review Sony, BMG Merger. Competition commission officially notified. By Wolfgang Spahr. 01/12/2004. Bertelsmann AG and Sony Corp. have officially notified the...
