Entries tagged "EMI"
Steve Jobs may show up at Apple's rock 'n' roll gig Wednesday, but don't expect the Fab Four.
Warner Music will sell $500 million in bonds with the aim of prepaying some secured debt, leading an analyst at Pali Capital to suggest a possible merger with EMI is in the cards.
Private equity's woes are beginning to translate into European job losses. The Financial Times reports that 3i Group plc is about to ax some 15% of its staff -- or about 100 people -- mainly in marketing, human resources and back-office functions, and about half will be in the U.K. 3i spokespeople were not immediately available for comment. But at other places the defenestration is happening at an altogether higher level. Highest of the lot are the reported axings of Terra Firma Capital Partners' appointees to EMI Group, Chris Roling and Ashley Unwin....
The latest drama on Broadway might be the sale of a show tunes icon. The Rodgers and Hammerstein Organization is rumored to be exploring a possible sale, reports the New York Post. ...
Guy Hands, the outspoken head of London private equity shop Terra Firma Capital Partners Ltd., lashed out Wednesday at the U.K. government's controversial flat-rate capital gains tax and its new £30,000 levy on resident foreigners. He said the new taxes may drive some of his staff and his activities offshore. ...
