AGM Partners

  1. Apollo Global Completes Acquisition of 'American Idol' Owner CKx

    June 23, 2011 7:39 AM EDT An affiliate of private equity firm Apollo Global Management has completed the roughly $510 million acquisition of American Idol owner CKx Inc., the companies said early Wednesday. CKx is the owner of American Idol and So You Think You Can Dance p ...

  2. Michael Fleisher Leaving Warner Music Group

    May 20, 2011 4:25 PM EDT After helping to sell it, Warner Music Group Vice Chairman of Strategy and Operations Michael Fleisher is leaving the company. Fleisher was the main executive at WMG overseeing the auction that resulted in a $3.3 billion bid from Access Industries ...

  3. Warner Music Bids in With Board, Announcement Expected Friday: Sources

    May 04, 2011 7:20 AM EDT Bids for a likely $3 billion buyout of Warner Music Group are in with the company's board for review over the next couple of days, according to two people familiar with the process. Three parties are known to have put in bids for the world� ...

  4. Warner Music $3 Billion Buyout Could be Done this Week: Source

    May 02, 2011 7:13 AM EDT Final buyout bids for Warner Music Group are due on Monday and the company could be sold by the end of the week in a deal valued at over $3 billion, according to a person familiar with the matter. The third round of bids is led by two competing fi ...

  5. WMG Board Provides Eliminated Bidders With Company Data, Sources Say

    April 20, 2011 8:05 AM EDT The Warner Music Group (WMG) board of directors is not only willing to consider more bidders in the auction to sell the company, as reported yesterday by Billboard.biz, but has in fact left some of the supposedly eliminated bidders with access to ...

  6. Three Suitors Left In Running For Warner Music Group Auction, But Who Are They?

    April 13, 2011 6:56 PM EDT The Warner Music Group (WMG) is heading into a third round in the auction to sell the company, with three suitors still left in the running, sources tell Billboard. As first reported by the Wall Street Journal, the WMG board of directors has decid ...

  7. Warner Board to Review Bids This Week

    April 11, 2011 7:34 AM EDT Warner Music Group's board is expected to review second-round bids for the company at a meeting in the coming week, a source familiar with the matter said. Up to 10 investors have put in bids ahead of the meeting, offering a range of valuatio ...

  8. Bertelsmann on Mergers and Acquisitions Path In 2011

    March 29, 2011 8:01 AM EDT Europe's biggest media group Bertelsmann BERT.UL said it had the financial muscle to look at acquisitions again after reducing its debt, and would look at Warner Music Group (WMG.N) and possibly EMI. Bertelsmann, which launched its biggest-ev ...

  9. Terra Firma Extends EMI Offer Deadline

    July 13, 2007 12:00 AM EDT Terra Firma has re-extended its deadline to buy-out EMI Group Plc after the private equity firm failed again to achieve total shareholder approval. By 1pm ET yesterday, Terra Firma had collected only 3.82% of EMI's existing issued ordinary sh ...

  10. Warner Music Eyes EMI As Deadline Looms

    July 11, 2007 12:00 AM EDT Ahead of tomorrow's U.K. Takeover Panel deadline, Warner Music Group (WMG) appears to be ramping up its next move for a possible acquisition of EMI Group Plc. According to reports, WMG has appointed Alan Mnuchin, of Wall Street investment ban ...