The British music label EMI says it has been approached by a U.S. rival, Warner Music, with a merger offer. The two companies have been trying to buy each other for years. Previous attempts to merge have run into trouble with regulators.
RENEE MONTAGNE, host:
Another multibillion-dollar music merger could be in the works. This time between British music label, EMI - that's the world's third-biggest music group - and its U.S. rival, Warner Music. EMI officials say they've been approached by Warner but the offer isn't firm. The two companies have been trying to buy each other for years.
Analysts say this takeover attempt, like the previous ones, could run into trouble with regulators.
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