Sources: EU regulators plan a full-scale investigation into UMG's $775M acquisition of Downtown Music; UMG didn't provide remedies to address regulatory worries (Foo Yun Chee/Reuters)
Foo Yun Chee / Reuters:
Sources: EU regulators plan a full-scale investigation into UMG’s $775M acquisition of Downtown Music; UMG didn’t provide remedies to address regulatory worries — Universal Music Group (UMG.AS) unit Virgin Music Group’s $775 million acquisition of Downtown Music faces a full-scale EU antitrust investigation …