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- Arts-Entertainment
- 100 million
- citigroup
- counteroffers
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- emi
- financial targets
- internal sources
- loan covenants
- music division
- music divisions
- music publishing
- private equity group
- regulatory concerns
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- telegraph
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The Telegraph reported today that Terra Firma has bought itself a bit of time with Citigroup. EMI reportedly now has an extra three months to reach certain financial targets. (To what degree these goals are tied to Citigroup financing is a bit unclear.
