Warner bidding ends

The company is thought to have offered $3bn (?1.8bn) for the entire company - $200m (?122m) more than BMG - however this has yet to be confirmed.

As previously reported on musicweek.com other contenders for the music group included Leonard Blavatnik's Access Industries, Sony/ATV and Live Nation.

MacAndrews & Forbes Holdings, Permira, Platinum Equity, Gores Group, Guggenheim Partners and Promthus have also put in offers for all or parts of the company.

Login to access this article

To access this article you need to be a subscriber. If you are a subscriber login below.

Subscribe

If you have previously taken a trial you will need to subscribe to access this article.

Subscribe Now
subscribe link free-trial link

follow us...