Friday, July 19, 2013

Softbank Reportedly Wanted To Acquire Universal Music Group For $8.5 Billion

Softbank Reportedly Wanted To Acquire Universal Music Group For $8.5 Billion

It was recently where Softbank managed to acquire a controlling stake in major US carrier, Sprint, and unsurprisingly it seems that Sprint might not have been the only company that the Japanese company had their eye on. According to a report from The Financial Times, not only were Softbank interested in acquiring a company in the US that had its hooks in the telecommunications market, but they wanted to sink their claws into the entertainment business as well with a rumor that they were also interested in buying Universal Music Group.

Ubergizmo , Softbank Reportedly Wanted To Acquire Universal Music Group For $8.5 Billion, Softbank Reportedly Wanted To Acquire Universal Music Group For $8.5 Billion

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