u-bend writes: "The International Herald Tribune is running a story about EMI's upcoming takeover by a private equity group. The article states that EMI's stock "soared" after the announcement. Even so, the company's stock finished the day at London's stock exchange at just USD 5.30, or 3.94 Euro, which was about an 8.5% increase.
From the article:
'EMI Group PLC, home to the Beatles and Coldplay, agreed to a 2.4 billion pound (US$4.7 billion; 3.5 billion) takeover by a private equity group on Monday, but the deal raised speculation of an all-out bidding war for the struggling music group.'
Anyone want to speculate what effect this will have on the recent DRM-free decision with Apple?"
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