
Bertelsmann's BMG weighing possible acquisition of Concord, Bloomberg News reports

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Jan 29 (Reuters) - BMG Rights Management, part of the German media giant Bertelsmann (BTGGg.F) , is considering a cash-and-stock offer for music company Concord, which could be valued as high as $7 billion, Bloomberg News reported on Thursday, citing people with knowledge of the matter.Reuters could not immediately verify the report.
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