Citigroup Actively Shopping EMI

Citigroup, which is not exactly a Wall Street Darling, even with the reverse split that further devalued the troubled stock, is now actively shopping one of the biggest anchors in its portfolio, EMI.

Rumors have the price tag between $2.5 and $3 Billion with the usual vultures circling the carcass…but no takers as of yet.

Author: FutureMusic

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