mrkshammerhand
Veteran XX
off the drudgereport.com
the US assssets of vivendi universal are being sold.
PARIS - Board members from Vivendi Universal emerged Tuesday from a meeting to weigh bids for the company's entertainment assets saying they were satisfied and had found a good deal.
blah blah....
The board of the French media and utilities giant met in Paris to weigh bids from two final suitors for its U.S. entertainment businesses. One was General Electric Co.'s NBC; the other a group led by investor Edgar J. Bronfman Jr.
Published reports Monday indicated that NBC had a lead in the long-running auction for the Vivendi Universal Entertainment properties, which include the Universal film and TV studios, three cable TV networks and theme parks.
The Wall Street Journal said in Tuesday's editions that Vivendi was expected to sign a nonbinding letter of intent to negotiate exclusively with NBC on a deal for a limited period. If a deal cannot be reached, both sides could walk away, the story said.
the US assssets of vivendi universal are being sold.
PARIS - Board members from Vivendi Universal emerged Tuesday from a meeting to weigh bids for the company's entertainment assets saying they were satisfied and had found a good deal.
blah blah....
The board of the French media and utilities giant met in Paris to weigh bids from two final suitors for its U.S. entertainment businesses. One was General Electric Co.'s NBC; the other a group led by investor Edgar J. Bronfman Jr.
Published reports Monday indicated that NBC had a lead in the long-running auction for the Vivendi Universal Entertainment properties, which include the Universal film and TV studios, three cable TV networks and theme parks.
The Wall Street Journal said in Tuesday's editions that Vivendi was expected to sign a nonbinding letter of intent to negotiate exclusively with NBC on a deal for a limited period. If a deal cannot be reached, both sides could walk away, the story said.