Terra Firma scores an initial victory as a U.S. judge rules its lawsuit against Citigroup (C)...

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

Terra Firma scores an initial victory as a U.S. judge rules its lawsuit against Citigroup (C) over EMI Group will go to trial. Terra Firma claims it paid an inflated price for the recording company because Citigroup misrepresented that another bidder had made a higher offer.