EMI, home of The Beatles, runs up huge loss of £1.8 billion

Courtesy Digg - Business & Finance  Sat, 02/06/2010 - 18:20

EMI, the music giant controlled by Guy Handss Terra Firma, lost a staggering £1.8bn last year leaving it in desperate need of a £120m cash injection to stave off lender Citigroup from taking control of the business.


 

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