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Terra Firma

Gavel (credit: CBS 2)

NY Jury Sides With Citigroup In EMI Dispute

A jury deliberated only a few hours before concluding Thursday that Citigroup did not fool a British private equity firm into buying music company EMI in 2007 at an inflated price, ending a three-week trial that had pitted two former friends and powerbrokers in the British banking world against each other.

11/04/2010