Vivendi Turned Down $8.5 Billion Bid For Music Unit
19 July 2013 - 4:50AM
Dow Jones News
French conglomerate Vivendi SA (VIV.FR) about three months ago
turned down an $8.5 billion offer from SoftBank Corp. (9984.TO) for
its Universal Music division, the Financial Times reported
Thursday, citing several people familiar with the offer.
Vivendi told SoftBank that it viewed the music asset as core to
its future, the FT reported.
Vivendi and SoftBank declined comment to the FT.
Full story at: www.ft.com
Write to nymonitoring@dowjones.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
Vivendi (PK) (USOTC:VIVHY)
Historical Stock Chart
From Jul 2024 to Aug 2024
Vivendi (PK) (USOTC:VIVHY)
Historical Stock Chart
From Aug 2023 to Aug 2024