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Russian tycoon buys Warner Music

By Red Wolf

9 May 2011

25 second read

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In Business, Entertainment

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Warner Music has been sold to US businessman Len Blavatnik, according to credible reports, in a $3.3bn deal. The company’s $1.9bn debt is also transferred to its new owner, valuing Warner at $1.3bn — via redwolf.newsvine.com

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