Newspaper wrap-up: Warner Music (WMG) may go private
Posted Aug 8th 2007 9:15AM by Eric Buscemi
Filed under: Newspapers, Magazines, General Motors (GM), China, Amer Intl Group (AIG)
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MAJOR PAPERS:
OTHER PAPERS:
- The Chinese government, which holds $1.33 trillion in foreign reserves, has made economic threats against the U.S., saying it may liquidate its holdings in U.S. Treasury bonds if the U.S. imposes trade sanctions to force a yuan revaluation, reported the Telegraph.
- The New York Post has learned that Warner Music Group Corp (NYSE: WMG) may go private due to its plummeting stock price and negative investor sentiment towards the music industry in general.
Tags: aig, china, financial times, FinancialTimes, ft, general motors, GeneralMotors, gm, newspaper, ny post, NyPost, paper, periodical, telegraph, treasury, virgin media, VirginMedia, vmed, wall street journal, WallStreetJournal, warner music, WarnerMusic, wmg, wsj, yuan
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