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Guy Hands Wants to Buy EMI Back
Just a week after loosing control of EMI to Citigroup, Terra Firma's Guy Hands says he'd be interested in buying EMI back. “It's about price," Hands said in a speech to that was his first public appearance since losing the label group. But Hands didn't stop there...
“Terra Firma and Citigroup agreed on what EMI was worth back in 2007. We clearly both got it wrong. Now, we disagree quite strongly about what it's worth," Hands told a crowd of UK businesses last week. “They are going to auction it, and we will see if they can get more for it than we offered."
“Terra Firma and Citigroup agreed on what EMI was worth back in 2007. We clearly both got it wrong. Now, we disagree quite strongly about what it's worth," Hands told a crowd of UK businesses last week. “They are going to auction it, and we will see if they can get more for it than we offered."
