On Air Now

Upcoming Shows

Program Schedule »

Listen

Listen Live Now » 590 AM Kalamazoo, MI

Weather

Current Conditions(Kalamazoo,MI 49001)

More Weather »
56° Feels Like: 56°
Wind: SE 8 mph Past 24 hrs - Precip: 0”
Current Radar for Zip

Tonight

Cloudy 42°

Tomorrow

Cloudy 63°

Thurs Night

Rain 46°

Alerts

SoftBank CEO: no comment on whether he tried to buy Universal Music

A shop clerk is seen through a window displaying a logo of SoftBank Corp at its branch in Tokyo June 21, 2013. REUTERS/Issei Kato
A shop clerk is seen through a window displaying a logo of SoftBank Corp at its branch in Tokyo June 21, 2013. REUTERS/Issei Kato

TOKYO (Reuters) - SoftBank Corp CEO Masayoshi Son said on Thursday he could not comment whether he had tried to buy Universal Music, after a media report last week said Universal's owner Vivendi SA had rejected an $8.5 billion offer from Son's company.

"I can't comment on the matter," he told reporters inside Japan's Ministry of Internal Affairs and Communications, when asked whether he had considered acquiring Universal Music from Vivendi.

The Financial Times reported last week that the Japanese telecoms group, which just completed a $21.6 billion takeover of U.S. mobile carrier Sprint Corp on July 10, made an all-cash offer to buy Universal Music about three months ago.

(Reporting by Mari Saito; Editing by Edmund Klamann)

Comments