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Time Warner and EMI to Merge

Written by Jari Ketola @ 24 Jan 2000 9:54

British music company EMI and American Time Warner Inc. announced today they would merge their music businesses, with combined revenues of $8 billion a year, to become the world's second-largest in the field (second only to Seagram's Universal Music).
It was only a while ago when Time Warner was acquired by America Online Inc. (AOL). Fusions seem to be today's trend. Read the full story at Yahoo's Daily News

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