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#373227 - 05/23/07 12:10 PM Re: Fifield makes a play [Re: JGFlash]
JGFlash Administrator
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All kinds of insanity in the UK Private Equity world right now. Stay tuned...
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#373233 - 05/23/07 12:20 PM Re: Fifield makes a play [Re: JGFlash]
jmassif
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Man, Edgar must be pissed.
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#373241 - 05/23/07 12:30 PM Re: Fifield makes a play [Re: jmassif]
buckdharma
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Either way, if I'm with EMI, my resume is up to date.
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#373324 - 05/23/07 03:21 PM Re: Fifield makes a play [Re: buckdharma]
w10
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 Originally Posted By: buckdharma
Either way, if I'm with EMI, my resume is up to date.


not even funny what theyve been through in the last few months. sure - its to be expected....but tough.
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#373331 - 05/23/07 03:32 PM Terra Firma [Re: JGFlash]
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The other offers appear to all be false and WMG can not ante up the level of bid to contest it. Apparently part of the terms of the Terra Firma offer is that they are going to buy down $800 million in EMI debt,that is beyond the buy price.
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#373364 - 05/23/07 04:01 PM Re: Terra Firma [Re: JGFlash]
jmassif
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 Originally Posted By: JGFlash
The other offers appear to all be false and WMG can not ante up the level of bid to contest it. Apparently part of the terms of the Terra Firma offer is that they are going to buy down $800 million in EMI debt,that is beyond the buy price.


And buying down debt isn't something that another label suitor could even begin to do.

Interesting to see how this will affect the top brass at EMI.
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