UMG’s $775M Downtown Deal Secures EU Approval With Remedies Attached
The European Commission has given its final stamp of approval for Universal Music Group’s $775 million acquisition of Downtown Music Holdings, concluding a two‑phase review that focused on competition and data‑access risks tied to Downtown’s services business. The proverbial thumbs-up, announced early Friday (Feb. 13), follows remedies UMG submitted in December to address regulators’ concerns […]
