Friday, July 27, 2012

Reuters: Regulatory News: Universal makes concessions to EU regulators for EMI deal

Reuters: Regulatory News
Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com
Universal makes concessions to EU regulators for EMI deal
Jul 27th 2012, 12:59

BRUSSELS, July 27 | Fri Jul 27, 2012 8:59am EDT

BRUSSELS, July 27 (Reuters) - Vivendi's Universal Music Group has submitted concessions to EU antitrust regulators in a bid to get approval for its planned $1.9 billion buy of an EMI unit, the European Commission said on Friday.

"I can confirm that Universal submitted concessions today," EU competition policy spokesman Antoine Colombani said. He declined to give details of the concessions.

The Commission, which acts as competition watchdog in the 27-member European Union, also extended its deadline for a decision on the case to Sept. 27 from Sept. 6.

You are receiving this email because you subscribed to this feed at blogtrottr.com.

If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions

0 comments:

Post a Comment

 
Great HTML Templates from easytemplates.com.