Warner might raise offer for EMI

EMI + Warner + EU

After Terra Nova doing an offer to EMI that was accepted, EU regulator frees Warner Music to raise offer for EMI, which I find odd. Anyway, the stock market is already waiting for a new bid from Warner, so I guess we'll have more news on this issue preety soon.

So, what do I find of this? Well, while some think that Terra Firma's guidance is going to be worse than nowadays EMI, at least I think that nothing worse than being bought by Warner could happen. What would be trully great was if somebody else took them. Since that seems improbable, let's just hope that Warner stays quiet.