UMG Snags Stake In Music Rights Co., Valuing Biz At $1.85B

By Jade Martinez-Pogue (February 20, 2024, 6:53 PM EST) -- Music entertainment company Universal Music Group on Tuesday announced it plans to buy private equity giant KKR's minority stake in Chord Music Partners in a deal that values the music label at $1.85 billion and was built by six firms....

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