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Stock impact report

Press Release of Believe's Ad-Hoc Committee [Yahoo! Finance]

Warner Music Group Corp. - Class A (WMG) 
Company Research Source: Yahoo! Finance
decision not to submit a binding offer for a combination with Believe (“WMG”), as set out in Warner Music Group's press release of earlier today. The Ad-Hoc Committee will review the situation with all interested parties (including the Consortium composed of EQT, TCV and Mr Denis Ladegaillerie, as well as the historical shareholders of Believe ) to determine next steps in relation to the possible evolution of the Company's control and will inform the market accordingly. About Believe Believe is one of the world's leading digital music companies. Believe's mission is to develop independent artists and labels in the digital world by providing them the solutions they need to grow their audience at each stage of their career and development. Believe's passionate team of digital music experts around the world leverages the Group's global technology platform to advise artists and labels, distribute and promote their music. Its 1,919 employees in more than 50 countries aim to support i Show less Read more
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