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Deal values Warner Music at $3.3bn

Russian billionaire secures music group in an all-cash deal

Access Industries, a conglomerate controlled by Russian-born billionaire Len Blavatnik, has reached an agreement to buy Warner Music Group in an all-cash deal that values the company at $3.3bn, the companies said Friday.

Access Industries, a conglomerate controlled by Russian-born billionaire Len Blavatnik, has reached an agreement to buy Warner Music Group in an all-cash deal that values the company at $3.3bn, the companies said Friday.

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