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Citigroup Takes Control of EMI

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Citigroup Takes Control of EMI
NEW YORK (TheStreet) — EMI Group was seized by Citigroup on Tuesday, ending owner Guy Hands’ control of the troubled music record company. The U.S. bank will take over EMI, which… Continue reading

Financier Guy Hands give up control of EMI to Citigroup

Financier Guy Hands give up control of EMI to Citigroup
It’s the end of the road for British financier Guy Hands, who finally relinquished control of troubled music company EMI to lender Citigroup. Citi, which won a legal feud with… Continue reading

Citigroup moves for buyer to control EMI: report

Citigroup moves for buyer to control EMI: report
NEW YORK (Reuters) – Citigroup Inc has made contact with parties, including financier Guy Hands, to take control of storied music company EMI Group Ltd, the Wall Street Journal reported on Thursday.… Continue reading

Citigroup defeats fraud claim over EMI deal

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Citigroup defeats fraud claim over EMI deal
NEW YORK (Reuters) – British financier Guy Hands has lost his court case accusing Citigroup Inc… Continue reading

Citigroup Prevails at Trial Over Terra Firma’s EMI Sale Lawsuit

Citigroup Prevails at Trial Over Terra Firma’s EMI Sale Lawsuit
Citigroup Inc. prevailed at trial against a multibillion dollar lawsuit by Terra Firma Capital Partners Ltd. and its Chairman Guy Hands, who claimed he was tricked by the bank into… Continue reading