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E However, Time Warner has given the Bronfman-Saban investor group only a few days to show it can complete its bid, one of the sources said and Hollywood billionaire Haim Saban, two sources familiar with the matter said "Time Warner has tonight informed us that they are now considering a possible proposal from another party as an alternative to our own firm offer," EMI Chairman Eric Nicoli said in a statement " Some analysts have speculated a Bronfman buyout deal would have a better chance to pass regulatory muster, particularly since two of the other three major music companies, Sony Music and BMG, are currently working through a proposed merger agreement EMI Competing for Warner Music Group Nov 20, 9:24 PM EST EMI Group PLC, the world's third largest music company, said Thursday it had been notified that Time Warner Inc 's board was considering a rival bid for Warner Music Group, the media giant's music unit EMI said Wednesday its talks with Time Warner were progressing well and had reached "an advanced stage The Bronfman-Saban bid was made earlier this week, more than a month after EMI entered into non-exclusive talks with Time Warner about buying Warner Music, home to artists such as Madonna, R Time Warner's board met Thursday to discuss EMI's bid and an estimated $2 EMI officials said they had no comment beyond their release and the Red Hot Chili Peppers The British company behind acts like Radiohead, Kylie Minogue and Norah Jones has reportedly offered Time Warner about $1 billion in cash plus a stake of about 25 percent in a merged company for the music division of Warner Music Group 5 billion offer from an investor group that includes former Universal Music head Edgar Bronfman Jr Time Warner and a Bronfman representative declined to comment on the matter Thursday M Nov 19, 7:56 AM EST When country group Lonestar was given the chance to have a community playground built in a town of their choice, they picked this West Tennessee city, which was wracked by tornadoes earlier this year "< /p> The project is part of The Home Depot Humanitarian Award, which Lonestar won at the Academy of Country Music Awards in Las Vegas last spring " â€â€?â€â€?â€â€? On the Net: http://www At least two tornadoes hit Madison County in May, killing 11 people and causing tens of millions of dollars in damage "We are thrilled to have the opportunity to work with the community in Jackson," the group said "It's so important for children to have a safe place to play lonestar Lonestar to Build Playground in Tenn Lonestar's hits include "Amazed," "What About Now" and "I'm Already There mu/ Lonestar will join The Boys and Girls Club, community volunteers and employees of The Home Depot to build the playground Wednesday |
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