Sold! Warner Music Confirms $3.3 Billion Acquisition

Warner Music Group will be purchased by Len Blavatnik’s Access Industries for $3.3 billion, according to details confirmed Friday morning by both parties. The “definitive merger agreement” includes both the recording and publishing sides of the business, as well as debt of approximately $2 billion. The purchase price works out to $8.25 per share, a … Continue reading Sold! Warner Music Confirms $3.3 Billion Acquisition