Evening News Digest
 
 


BMG unlikely to get $2.8 bil for Sony stake

LONDON -- The split of the Sony BMG merger is virtually a done deal, Billboard.biz has learned.

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Well-placed sources said a Bertelsmann supervisory board meeting was convened Friday to examine the sale of the German media giant's 50% stake, with a final decision on a deal expected to be revealed by month's end, following a meeting of the Sony board.

 
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- Hollywood Reporter