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Universal, EMI Now Clear for Mega-Merger

U.S. and European regulators greenlighted the deal between the two behemoths, pegged at a combined 39 percent of the worldwide record market. But the companies must sell such storied labels as Parlophone and Mute, plus a 50% stake in the Now! That's What I Call Music compilations.

Marc Hogan | September 21, 2012 - 4:05 pm