{"id":789,"date":"2011-06-09T20:47:47","date_gmt":"2011-06-09T20:47:47","guid":{"rendered":"http:\/\/skylight.gr\/administrator_wordpress\/index.php\/2011\/06\/09\/citigroup-prepares-for-emi-auction\/"},"modified":"2011-06-09T20:47:47","modified_gmt":"2011-06-09T20:47:47","slug":"citigroup-prepares-for-emi-auction","status":"publish","type":"post","link":"https:\/\/skylight.gr\/index.php\/2011\/06\/09\/citigroup-prepares-for-emi-auction\/","title":{"rendered":"CitiGroup Prepares For EMI Auction"},"content":{"rendered":"<div class=\"entry-body\">\n<p><img decoding=\"async\" src=\"images\/stories\/images\/Various\/emi_logo-300x145 copy.jpg\" border=\"0\" \/><br \/>Now that the WMG auction has ended, bankers Citigroup is readying EMI for auction.  A financial look at the months since Citigroup seized the music group on Feb. 1st after Terra Firma and its head Guy Hands defaulted on a nearly $5 billion load from Citi is reportedly near completion.   <!--more-->  At a value somewhere between $2.5 billion and WMG&#8217;s $3.3 billion sale, there are reportedly a half dozen bidders eyeing the music group.<\/p>\n<\/p><\/div>\n<div class=\"entry-more\">\n<p>One bidder is almost certainly WMG auction winner Access Media led by Russian-born industrialist Len Blavatnik. <\/p>\n<p>It&#8217;s not clear yet if Citi will entertain offers that divide publishing from the music group, but post-WMG sale optimism reins at CitiGroup. \u201cLots of folks are interested,\u201d a senior bank insider told <a href=\"http:\/\/www.thewrap.com\/media\/column-post\/citigroup-soon-cue-emi-auction-block-27893\" target=\"_blank\">The Wrap<\/a>. \u201cWe\u2019ve been letting the troops line up,\u201d he added along with speculation that bidding will begin closer to $3.3 billion.  month.<\/p>\n<p>Source: Hyperbot<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Now that the WMG auction has ended, bankers Citigroup is readying EMI for auction. A&#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-789","post","type-post","status-publish","format-standard","hentry","category-music-news"],"_links":{"self":[{"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/posts\/789","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=789"}],"version-history":[{"count":0,"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/posts\/789\/revisions"}],"wp:attachment":[{"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/media?parent=789"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/categories?post=789"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/tags?post=789"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}