Warner/EMI: Heed the Warner sign

Here we go again. EMI has received a bid approach, this time from familiar rival War-ner Music. The two music companies were locked in a battle to buy each other out last summer, and have been in talks at least three times over the last few years. This time, there are reasons to think Warner might finally get its way with EMI. What has changed? On the face of it, the regulatory risk looks high. After all, EMI’s talks with Warner collapsed last year after a European Court annulled the EU’s appro...