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EMI and Virgin shares to combine.
EMI and Virgin's corporate sales and airplay market shares in the UK are to be combined for the first time since the major acquired the Richard Branson-founded company in 1992.
From the start of this year, EMI has opted to combine the shares of both its companies in the UK rather than list them separately. The move brings the group in line with the other majors and follows the arrival of Alain Levy and David Munns to head its Recorded Music division last year. Despite EMI's acquisition of Virgin, the two companies have until now insisted they should be ...
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