Posted February 1, 201114 yr Citigroup takes control of EMI Tuesday, 1 February 2011 Investment bank Citigroup has seized control of record label EMI from beleaguered financier Guy Hands, it was announced today. EMI - home to artists including Lily Allen and Robbie Williams - has seen its debt reduced from £3.4 billion to £1.2 billion under terms of the deal. Full story here http://www.independent.co.uk/news/business...mi-2201172.html
