The extensive, lengthy and ongoing negotiations between the Universal Music Group and the European Union Commission to hammer out a concessions package of assets to be divested means that the regulatory agency is likely to approve the acquisition of EMI recorded music operations, sources speculate.

New York Times:

Updated In a significant retreat from Universal Music Group’s ambitions of adding EMI’s record labels to its already dominant position in the music market, the company has offered sweeping concessions to the European Commission, agreeing to sell the majority of EMI’s holdings in Europe if the acquisition is approved.

Click Here