Reuters logo
Warner Music draws potential buyers: report
February 11, 2011 / 12:29 PM / in 7 years

Warner Music draws potential buyers: report

(Reuters) - Warner Music Group, the world’s No. 3 music company, has attracted more than 20 interested parties since putting itself up for sale, the New York Post said, citing sources.

<p>The headquarters of Warner Music Group is pictured in Burbank, California August 5, 2008. REUTERS/Fred Prouser</p>

Warner Music, which is looking to sell itself before rival EMI’s recorded music and music publishing assets are formally auctioned, is asking bidders to submit their bids by month end, the Post said.

In January, Reuters, citing a source, reported that the company was looking for potential buyers and that Goldman Sachs was advising on the process.

Warner Music was not available to comment.

Reporting by Fareha Khan; Editing by Lisa Von Ahn

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below