FRANKFURT (Reuters) - Bertelsmann, Europe's largest media company, is buying private equity firm KKR's stake in their joint venture music rights management company BMG. The German group, best known for its TV arm RTL and publisher Random House, said on Friday the deal would close during the first half of the year, adding it would not disclose financial terms. A person familiar with the matter told Reuters the purchase price was 700-800 million euros ($915 million-$1.05 billion) including debt. Bertelsmann will pay the sum out of its cash reserves, another person familiar with the deal said. ...
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