UK’s Sanctuary In Sale Talks

Innovative Birtish music firm Sanctuary whose portfolio includes a major mamangement firm, music publishing and a record label are in talks about a possible sale according to reports. In a statement to the London Stock Exchange it admitted that it has had discussions about a possible buyout. Sanctuary has been rumored to be in talks with several suitors including the Warner Music Group.  "There have been preliminary talks which may or may not lead to an offer or a further business opportunity," according to the statement.