Warner Music News
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Elena Ambrosiadou, co-founder of Ikos Asset Management Ltd., won a U.K. court case brought by her estranged husband, Martin Coward, over who owns the computer software that runs the hedge fund’s trading platform.
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Google Inc. shares rose to a record after the company unveiled a subscription music-streaming service and overhauled its online maps, part of several product updates aimed at attracting more users and advertisers.
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Warner Music Group Corp., the third- largest music content company, lowered the rate on a $820 million loan to support its acquisition of Parlophone Label Group and is seeking to lower borrowing costs on an existing $492 million of debt.
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Goldman Sachs Group Inc. Chief Executive Officer Lloyd Blankfein and Blackstone Group LP President Tony James listened to Crosby, Stills and Nash last night.
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Warner Music Group Corp., the third-largest global music content company, is seeking $820 million in loans to support its acquisition of Parlophone Label Group and for general corporate purposes, according to a person with knowledge of the transaction.
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Bausch & Lomb Inc., the maker of eye-care products owned by Warburg Pincus LLC, is refinancing $2.9 billion of loans to lower borrowing costs. HCA Holdings Inc. is seeking additional loans to refinance debt.
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Tom and Alec Gores are considering a revised bid for Warner Music Group Corp ., said a person with knowledge of the situation, challenging the record company’s agreement to be bought for $3.3 billion.
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For potential bidders circling EMI Group Ltd., the takeover of Warner Music Group Corp. may have doubled the price tag for the money-losing music label that was seized by its creditor just six months ago.
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Warner Music Group Corp. was sued by George Gershwin’s heirs over claims they’re owed $4.5 million in royalties and interest from works of the late composer of “Rhapsody in Blue” and “Porgy and Bess.”
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Warner Music Group Corp ., which put itself up for sale in January, has received more than 10 bids for its businesses, people with knowledge of the process said.
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