Friday, July 27, 2012

UPDATE 1-Universal Music considers sale of EMI's Parlophone label-sources

NEW YORK/BRUSSELS, July 27 (Reuters) - Universal Music Group
is considering selling the bulk of EMI Music's most valuable
record label, Parlophone, to ease EU regulators' concerns about
its planned $1.9 billion buyout of the British music group, two
sources familiar with the matter said on Friday.

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