Terra Firma Granted Another Extension For Shareholder Ratification
In the continuing saga for its buyout of EMI, which will definitely be a book one day, Terra Firma Capital Partners was furnished with a last minute extension for shareholder approval by the U.K.’s Takeover Panel until 1PM on Wednesday. The reason is because Citigroup has a loophole in its contract with Terra Firma, that if the concern did not acquire 90% of shareholders to sign on, then they would pull their $4.86 Billion of...
Alesis Introduces Performance Pad
Taking direct aim at Roland’s SPD-20, Alesis has introduced the Performance Pad, a tabletop and kit mountable drum controller with a built-in drum machine. Performance Pad features 233 drum sounds from the Alesis SR-16 percussion module, 50 Presets and 50 User definable drum kits. A large LCD display is included with an easy-to-navigate interface that Alesis believe will reduce configuration time and increase playing time....
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