Thursday, October 16, 2003

SOMEONE WANTS TO BUY EMI. ASSUMING LONDON BRIDGE UNAVAILABLE: Jim Fifield is, apparently, putting together the money to launch a bid for EMI. Mind you, he's got a few bob - he's the chap who somehow resigned himself to a massive GBP12million in "compensation" from the company back in 1998 - the way EMI chucks large sums of money at failures is something to remember when the company frets over internet downloads costing it money, of course; wouldn't it be sweet if someone buys the company for a song having leeched cash out of it just five years ago?

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