Terra Firma sued Citi, claimed the bank misled into thinking other firms would outbid its own $4.7 billion offer for music company EMI in 2007. Sorry, said the jury in just a few hours.
Continue reading A Jury Clears Citi: The EMI Sale Was Bad Business, Not Fraud
A Jury Clears Citi: The EMI Sale Was Bad Business, Not Fraud originally appeared on DailyFinance on Fri, 05 Nov 2010 11:30:00.
Filed Under: Company News, Columns, Citigroup