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Hands Says Citigroup Banker Tricked Him in EMI Bid

Hands Says Citigroup Banker Tricked Him in EMI Bid
Guy Hands, whose Terra Firma Capital Partners Ltd. paid $ 6.7 billion for EMI Group Ltd. at the height of the buyout boom in 2007, says he was tricked into overpaying by a Citigroup Inc. banker.
Read more on BusinessWeek

Dirty tricks alleged in .9b EMI sale
Guy Hands, whose Terra Firma Capital Partners paid US$ 6.7 billion ($ 8.9 billion) for EMI at the height of the buyout boom in 2007, says he was tricked into overpaying by a Citigroup banker.Hands is going to try to prove in a trial…
Read more on The New Zealand Herald