Ronald O. Perelman Places Bid For Warner Music

Ronald O. Perelman Places Bid For Warner Music

Ronald O. Perelman Places Bid For Warner Music
Ronald O. Perelman
, chairman and CEO of MacAndrews & Forbes Holding Inc., has placed a bid for Warner Music Group's recorded music division, according to a Billboard.biz report. Perelman joins previous bidders Access Industries, BMG Rights Management, Guggenheim Partners, Live Nation Entertainment, Platinum Equity, Permira, Sony Music Entertainment, Tamares, and the Yucaipa Companies. Final bids for the company are due today, with Yucaipa Companies reportedly in the lead with a $3 billion offer. (4/8)

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