Reuters - Warner Music in Running for Parlophone

Warner Music and a joint venture led by British impresario Simon Fuller are among nine groups interested in buying Parlophone from Vivendi's Universal Music Group, the Financial Times reported on Wednesday. Universal has received nine preliminary non-binding proposals for the label, Reuters wrote. Universal is being forced to sell the business to satisfy regulators' concerns about its $1.9 billion takeover of the recorded music business of EMI.

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