It was announced today that Bertelsmann (BMG) will be purchasing the Columbia House music club. While terms weren’t announce, analysts believe Bertelsmann will pay one penny, along with the promise to buy twelve additional companies at a later date.
(source: (Otto "Hack-Man" Heuer - Hack-Man’s Hangout )
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Posted by Tom Raymond, aka Raynbow on 08/16 at 11:06 PM
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