Uh, yeah, I do read the business news, and no need for your rude question. As I understand it, Terra
Firma is far from shut out on this. Let's see in 6 months where things stand. It looks very likely
EMI will be taken private.
-- Tom Fine
----- Original Message -----
From: "Steve Abrams" <[log in to unmask]>
To: <[log in to unmask]>
Sent: Wednesday, July 18, 2007 9:50 PM
Subject: Re: [ARSCLIST] EMI is NOT about to be bought by a private-equity firm
> Wrong! The bid from Terra Firma was decisively rejected by EMI shareholders. It was only taken
> up by 3.6% of shareholders. There is likely to be a new bid from Warners and that may well be
> successful. Don't you read the business news?
> ----- Original Message -----
> From: "Tom Fine" <[log in to unmask]>
> To: <[log in to unmask]>
> Sent: Thursday, July 19, 2007 2:03 AM
> Subject: Re: [ARSCLIST] 78s, SoundExchange, & SaveNetRadio-Tom & Mal
> I would hope, given that all but EMI of the major record companies are
>> publicly-traded (EMI is about to be bought by a private-equity firm), that the dealings of their
>> industry association is aimed at maximum long-term sustainable profits for the companies, and
>> killing off a source of revenue is not good business.
>> -- Tom Fine