Mergers and Acquisitions Review: Universal Music’s TRADEOFF, Apple’s OFFER For AuthenTec

Universal Music (VIVHY.PK) will have to make a tradeoff if it wants the European Commission’s okay for its $1.9 billion purchase of EMI’s (NYSE:C) recorded music unit. The former will be required to divest EMI’s iconic Parlophone label, for which a potential buyer might be BMG Rights Management, which is co-owned by KKR & Co., LP (NYSE:KKR).

Don’t Miss: Amazon Has BIG Plans for Kindle Fire.

Fingerprint sensor chips maker AuthenTec, Inc. (NASDAQ:AUTH) agrees to be acquired by Apple (NASDAQ:AAPL) at $8 per share, which represents a 58 percent windfall over Thursday’s close. In mid-afternoon, shares are trading above Apple’s buyout price, as speculators may be betting on a higher bid from some other entity that wants to keep AuthenTec’s fingerprint sensor and mobile VPN solutions away from Apple. Larry Dignan opines Apple’s acquisition is about staying ahead of Samsung and Android in the enterprise, while information technology’s “bring your own device” trend goes on unabated.

Don’t Miss: Here’s Apple’s Powerful New Buy.

Want news like this in real-time so you can get an edge? Click here for Wall St. Cheat Sheet Pro.