Sony-BMG to appeal merger annulment
In Brief
October 11, 2006 at 08:03 PM
1 minute read
Sony and Bertelsmann Music Group (BMG) are to appeal against the surprise ruling that annulled their 2004 merger. The deal, which would have created the world's second-largest music company, originally received merger clearance from the European Commission. However, the European Court of First Instance in July overruled the EC. The Sony-BMG appeal will be now examined by the European Court of Justice.
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