EMI has started to explore a sale, recapitalization or IPO four months after Citigroup (C)...

|About: Citigroup Inc. (C)|By:, SA News Editor

EMI has started to explore a sale, recapitalization or IPO four months after Citigroup (C) seized control of the music label from P-E group Terra Firma for failing to pay its debts. An analyst said she expects "a lot of bidders for EMI, including the guys who won Warner (WMG)."