BA, American seal accord with Iberia

Article Abstract:

British Airways (BA) and American Airlines have reached an agreement with Iberia to acquire a combined 10% share in the Spanish-based carrier. BA will receive a 9% share while American will get a 1% share. BA said that its acquisition price would be between 200 million pound sterling and 215 million pound sterling ($324.6 million to $348.9 million). The deal will give BA a hub in southern Europe.

Comment:

BA and American Airlines to acquire a combined 10% share in Iberia

United Kingdom, Asset sales & divestitures, Foreign operations, Scheduled Airlines, Scheduled Air Transportation, Spain, Air Transportation, Scheduled, And Air Courier Services, Airlines, Abstract, British Airways PLC, American Airlines Inc., Iberia

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Warner Music still considers EMI serenade: options remain to snag prized record labels despite a rival offer

Article Abstract:

Despite a $4.76 bil bid from Terra Firma Capital Partners Ltd., officials at U.K.-based EMI Group PLC and Warner Music Group Corp. are mulling over potential advantages of a deal. The two companies have attempted to merge four times over the past seven years.

Strategy & planning, Venture Capital Companies, Miscellaneous Intermediation, Investors, not elsewhere classified, Prerecorded records and tapes, Planning, Company business planning, EMI Group PLC, Terra Firma Capital Partners, WMG

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Warner Music agrees to deal

Article Abstract:

An Edgar Bronfman Jr.-led investor group has reached a deal to acquire Warner Music Group from Time Warner Inc. The deal is valued at $2.6 billion (2.18 billion euros).

Parent-to-subsidiary activities, Subsidiary-to-parent activities, Time Warner Inc., Subsidiaries, divisions and units

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