EU Expected to Approve Sony’s EMI Music Deal
European antitrust regulators are expected Thursday to approve a plan by a Sony Corp.-led investor group to buy EMI Group Ltd.’s huge music-publishing division for $2.2 billion, according to people familiar with the situation.
Approval by the European Commission, the European Union’s executive arm, would represent a victory for Sony, removing the possibility of a longer review of the deal’s antitrust implications. Such a review could add several months to the process.