Friday, 11 May 2012

U.S. Senate to hold hearing on Universal-EMI deal

WASHINGTON, May 11 (Reuters) - A U.S. Senate antitrust
subcommittee is planning a hearing to discuss Universal Music
Group's plan to buy EMI's recorded music unit, a deal that would
bring the market share of the No. 1 music giant to 40 percent.

Source: http://feeds.reuters.com/~r/reuters/technologysectorNews/~3/wnh4iiagfLU/emi-universal-senate-idUSL1E8SB9R720120511

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