Warner Music Group Drops Plans to Acquire French Music Company Believe

  • 📰 billboard
  • ⏱ Reading Time:
  • 29 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 32%
  • Publisher: 63%

Business أخبار

Warner Music Group,Believe,Acquisition

Warner Music Group (WMG) has announced that it will not be submitting a binding offer to acquire French music company Believe. WMG had approached Believe in February with a non-binding offer, but decided to drop its plans just a day before the deadline to submit a binding offer.

announced over the weekend that it has called off plans to submit a binding offer to acquire French music companyBelieve followed up in a statement, saying it will “review the situation with all interested parties to determine next steps in relation to the possible evolution of the company’s control.

WMG said earlier that it approached Believe in February with a non-binding offer to combine the two companies at a price of “at least” 17 euros per share. Believe then gave WMG until Sunday, April 7 to “submit a binding, unconditional and fully financed offer.” Warner dropped out a day before the deadline.

Taylor Swift Shares 5 ‘Stages of Heartbreak’ Playlists Ahead of ‘Tortured Poets Department’ Album Release. We use vendors that may also process your information to help provide our services. // This site is protected by reCAPTCHA Enterprise and the Google

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 112. in SA
 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين