Blavatnik Close To Winning Billionaire Battle For Warner Music

Warner Music Group: Going, going...

Russian-American industrialist Len Blavatnik is reportedly on the verge of acquiring Warner Music Group for $3 billion, an appropriate fate for a record company that's home to Bruno Mars and Travie McCoy, the artists behind the hit song "Billionaire."

Blavatnik's fortune stands at $10.1 billion; a sale to his company, Access Industries, would mark the end of a long battle between billionaire suitors. Insiders believe that his bid might only be topped by a l...