EMI Gets Offer

EMI Group PLC, a UK-based record company, said today that it has received a buyout offer. No additional details were disclosed, but came after a Financial Times report that KKR and Goldman Sachs Capital Partners were considering a bid. Dow Jones has since reported that KKR is not involved, but that Permira may have been involved. EMI had been in back-and-forth merger talks with Warner Music Group over the summer, but they ultimately fizzled. www.emigroup.com