UPDATE: 11/15/11, 12:00 p.m. EST. Cleary Gottlieb Steen & Hamilton secured a role advising Sony Corporation of America on European Union and international antitrust aspects of its acquisition of EMI Music Publishing. Brussels-based partners Nicholas Levy and Thomas Graf led the Cleary team.
Citigroup is breaking up the recorded music and publishing units of EMI Group, selling them in two separate transactions totaling roughly $4.1 billion to Vivendi subsidiary Universal Music Group and an investment group led by Sony Corporation of America, respectively.
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