(Reuters) - LONDON, June 15 - Universal Music Group
has agreed to buy struggling British rival Sanctuary for
44.5 million pounds to develop its merchandising,
live agency and artist management businesses.
Universal unit Centenary Music Holdings said on Friday it
had offered 20 pence per share for Sanctuary, which manages
artists James Blunt and Elton John and markets merchandise for
over 30 big-name acts including Oasis and The Who.
Read more at Reuters.com Mergers News
has agreed to buy struggling British rival Sanctuary for
44.5 million pounds to develop its merchandising,
live agency and artist management businesses.
Universal unit Centenary Music Holdings said on Friday it
had offered 20 pence per share for Sanctuary, which manages
artists James Blunt and Elton John and markets merchandise for
over 30 big-name acts including Oasis and The Who.
Read more at Reuters.com Mergers News
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