EMI Not Sold Yet…

Terra Firma has again extended the deadline for EMI shareholders until July 29th to accept its 265p per share offer for the major label group. 

The investemnt firm said that only 26.19% of EMI sharholders had accepted their offer so far – up only 3.82% from a week ago – despite the fact that both WMG and former EMI executive Jim Fifield appear to have withdrawn from the bidding.