Looks like the Universal Music Group (UMG) takeover battle has drawn to a close: Bolloré Group has urged the major label to reject Pershing’s $64 billion bid, indicating that “the price would be a problem.” Bolloré Group CEO Cyrille Bolloré made the seemingly definitive recommend…
IndustryFirst reported 28 may, 01:30 / 1 outlet
Bolloré Puts the Kibosh on Pershing’s $64 Billion Universal Music Takeover Proposal: ‘Why Would We Sell Our Stake for That Price?’
Single-source story
Digital Music News is the only tracked outlet reporting this. Read it at the source below.
Only one tracked outlet has this. Le Raver links to it rather than summarising it.
Coverage breakdown
1 source
1 original reporting
0 ran the press release
How this story was covered
1 tracked outlet has reported this story, first published 28 May, 01:30. Digital Music News published first among the outlets Le Raver tracks. The one report Le Raver has classified carried original reporting. That is 1 of the 26 outlets Le Raver tracks. No other tracked outlet has covered it, so this page links out rather than summarising it.
How it unfolded
- 28 May, 01:30Digital Music NewsFirstBolloré Puts the Kibosh on Pershing’s $64 Billion Universal Music Takeover Proposal: ‘Why Would We Sell Our Stake for That Price?’