US EditionEuropean Commission launches formal review of UMG’s acquisition of Downtown
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European Commission launches formal review of UMG’s acquisition of Downtown
The European Commission has launched its formal review of Universal Music Group’s intended acquisition of Downtown, after UMG officially notified the EC of the proposed $775m deal. The EC has set a provisional deadline of 22nd July for an initial decision. Thus the Commission’s official assessment has begun after previously announcing that the deal would be examined […] The post is from Music Ally.
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