Shares of Apple Computer fell Friday after a report that the company was in talks to buy the music company of Vivendi Universal for as much as $6 billion.
The Los Angeles Times reported that Apple has been in talks for months with Vivendi, with recent discussions centering on Apple acquiring the music business outright. With annual sales of about $6 billion, Universal Music Group is the largest of the five major record companies, commanding roughly a quarter of the worldwide market.
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Source | C|net News
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