{"id":1000,"date":"2011-10-10T17:40:59","date_gmt":"2011-10-10T17:40:59","guid":{"rendered":"http:\/\/skylight.gr\/administrator_wordpress\/index.php\/2011\/10\/10\/number-of-emi-bidders-lose-interest-as-citigroup-presses-ahead-with-its-auction\/"},"modified":"2011-10-10T17:40:59","modified_gmt":"2011-10-10T17:40:59","slug":"number-of-emi-bidders-lose-interest-as-citigroup-presses-ahead-with-its-auction","status":"publish","type":"post","link":"https:\/\/skylight.gr\/index.php\/2011\/10\/10\/number-of-emi-bidders-lose-interest-as-citigroup-presses-ahead-with-its-auction\/","title":{"rendered":"Number of EMI bidders lose interest as Citigroup presses ahead with its auction"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.hypebot.com\/.a\/6a00d83451b36c69e2015392336037970b-150wi\" border=\"0\" width=\"150\" height=\"73\" \/><\/p>\n<p>EMI owner Citigroup plans to press ahead with its auction of the music giant even though a number of bidders have lost interest.  <!--more-->  <\/p>\n<p>Before  last week\u2019s deadline there were ten contenders, but it is understood  that a number of private equity firms have dropped out.<\/p>\n<p>The  involvement of fewer bidders could mean that Citigroup will struggle to  reach its target sale price of about $4billion (\u00a32.56billion).<\/p>\n<p>Universal Music, owned by France\u2019s Vivendi, is understood to be a front runner for EMI\u2019s recorded music division.<\/p>\n<p>Its intention is understood to be to sell elements of the division if necessary to meet competition regulations.<\/p>\n<p>Sources reckon that if the sale goes ahead, EMI could have a new owner by the end of the month.<\/p>\n<p>Source: Daily Mail<\/p>\n<div style=\"overflow: hidden; color: #000000; background-color: transparent; text-align: left; text-decoration: none; border: medium none;\"><\/div>\n<p>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>EMI owner Citigroup plans to press ahead with its auction of the music giant even&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","footnotes":""},"categories":[23],"tags":[],"class_list":["post-1000","post","type-post","status-publish","format-standard","hentry","category-music-news"],"_links":{"self":[{"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/posts\/1000","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/comments?post=1000"}],"version-history":[{"count":0,"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/posts\/1000\/revisions"}],"wp:attachment":[{"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/media?parent=1000"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/categories?post=1000"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/tags?post=1000"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}