Blavatnik's Access Industries Buys Warner Music Group For $3.3 Billion

Warner Music Group Corp., the world's third-largest recording company with such artists as Eric Clapton, Michael Buble, Green Day, Metallica, and Bruno Mars was purchased by billionaire Len Blavatnik’s Access Industries. Earlier today the two sides announced the deal: a $3.3 billion all-cash buyout of the world’s third-largest music company. Blavatnik’s company will pay $8.25 per share for