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EMI asks for more from investors

Guy Hands, the boss of private equity group Terra Firma that owns EMI, has asked investors for another $160 million for the UK-based label and music publishing company that the group brought for $4.7 billion. The $160 million will maintain EMI's loan repayments to Citigroup until March 2011 according to the Wall Street Journal.

 

05/02/10 

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