Legal battle over EMI deal arrives in court

Guy Hands, of private equity firm Terra Firma, will testify in a Manhattan court today in a case to decide whether Hands was duped into overpaying for the EMI music company. Terra Firma, backed by Citi loans of $2.6 billion pounds, bought EMI in 2007, but the downturn soured the deal and the relationship between Terra Firma and Citi.

DealsNorth AmericaUSBriefs