{"id":6049,"date":"2007-05-14T00:00:00","date_gmt":"2007-05-14T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"hedge-funds-plan-low-level-bid-for-emi","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/05\/2007\/hedge-funds-plan-low-level-bid-for-emi.html","title":{"rendered":"Hedge Funds Plan Low-Level Bid for EMI"},"content":{"rendered":"<p>  Reuters- Two hedge funds are planning a bid for music group EMI Group at a level below a 260 pence per share indicative offer that Warner Music made in March and which was rejected, the Sunday  Telegraph said on Sunday.<\/p>\n<p>  EMI said Warner&#8217;s $4.1 million (2 million pound) bid proposal was inadequate and would involve regulatory uncertainty.<\/p>\n<p>  However, Cerberus Capital Management along with L.P and Fortress Investment Group hope EMI will accept a &#8220;significant&#8221; discount to Warner&#8217;s proposal because their bid would not carry any regulatory  risk.<\/p>\n<p>  <strong><a href=\"http:\/\/www.google.com\/news\/url?sa=T&amp;ct=us\/7-0&amp;fd=R&amp;url=http:\/\/business.scotsman.com\/latest.cfm%3Fid%3D742202007&amp;cid=1116308580&amp;ei=xghIRrbpKaayqgOcroi4Bw\">Read  Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters- Two hedge funds are planning a bid for music group EMI Group at a level below a 260 pence per share indicative offer that Warner Music made in March and which was rejected, the Sunday Telegraph said on Sunday. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-6049","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/6049","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=6049"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/6049\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=6049"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=6049"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=6049"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}