Wednesday, 22 August 2007


The founder of Chrysalis, Mr Chris Wright, considers to sell-off his 26% stake in the firm. He has hired Longacre Partners to review his stake in the company or to try and take the company private. Chrysalis has focused on music publishing since the £170 million sale of its Heart radio business in June. It is considered that the business could attract interest from Warner Music, Universal and other private equity companies (source: Metro Business)

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