Comment on Universal Music to Acquire Ingrooves

Universal Music to Acquire Ingrooves

Universal Music Group on Tuesday announced an agreement to acquire the independent music distribution and marketing company Ingrooves Music Group. UMG has been a minority investor in the company since 2006, and under the agreement, will acquire the shares of Ingrooves that it doesn’t already own. After the transaction closes, Ingrooves Chief Executive Officer Bob Roback will […]

 

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