Jamen Capital, Merlin Close Acquisition of Curve Royalty Systems from Virgin Music Group

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Jamen Capital and Merlin have finalized their purchase of Curve Royalty Systems from Virgin Music Group, the companies confirmed Tuesday. The transaction closed after receiving final approval from the European Commission.

The deal marks the completion of a sale process that had been pending regulatory clearance, transferring ownership of the royalty distribution platform to its new owners.

Read the full story at Music Business Worldwide.