By his own admission in court, he didn't even conduct proper due diligence on emi's finances before submitting his offer.
The unavoidable and ugly truth is that the lone driver behind Hands' emi purchase was his immense hero complex.
So here's to hoping Hands loses his case, because the employees of emi deserve better than an openly contemptuous owner.
Warner Music Group was—and still is—interested in buying emi at the right price.
The hubris Hands gained from his track record is what led him to emi.
“Verification is an awful idea,” says 21-year-old student and social media-ite emi Suzuki.
Since then, Hands has pretty much taken a scorched earth approach to emi.
"emi, our most recent investment, is a classic example," Hands once said.
The timing of the iTunes deal is particularly serendipitous for emi.
To begin with, his charge that there weren't other buyers interested in emi is not entirely true.