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~Souza~
July 23, 2016, 07:48:32 AM by ~Souza~
Views: 131 | Comments: 1

COULD THE EU BLOCK SONY/ATV’S $750M MICHAEL JACKSON DEAL?
JUNE 27, 2016, BY TIM INGHAM



The European Union’s antitrust regulators will rule within weeks over whether Sony is permitted to buy full control of Sony/ATV from the Michael Jackson Estate.

According to a new filing on the European Commission’s official site, the EU’s competition watchers will deliver their verdict on the deal by August 1.

Sony agreed to buy the Jackson Estate’s 50% stake in Sony/ATV for $750m earlier this year – a commercial pact signed and announced in March.

However, the acquisition is now being challenged by Warner Music Group and independent collective IMPALA in Europe.

Both of the...
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