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- Vivendi raises 1.4 bln dlrs via bond issue
- PARIS AFP — French media and telecommunications group Vivendi said on Wednesday it had raised 1.4 billion dollars (900 million euros) via an issue of five- and 10-year bonds. It said the bonds were sold to qualified institutional buyers, with proceeds to be used to finance its planned acquisitions...
- Research articles 2008-04-02
- French judges put Warner Music CEO under formal investigation
- PARIS AFP — French judges have placed the head of Warner Music, Edgar Bronfman Jr, under formal investigation as part of a probe into French media giant Vivendi Universal, legal sources told AFP on Thursday. Bronfman, who was once a director of Vivendi and who sold shares in the...
- Research articles 2008-02-07
- Probe slams Vivendi's aggressive accounting: newspaper
- PARIS AFP — Prosecutors have been given a report by financial investigators which sharply criticises Vivendi Universal's accounting practices under former CEO Jean-Marie Messiere, La Tribune reported on Wednesday. The report denounces "aggressive" bookkeeping involving "sophisticated legal and financial engineering," the financial daily said. The report has been...
- Research articles 2008-01-01
- Vivendi rejects approach from Sebastian Holdings
- PARIS AFP — The French media and telecom group Vivendi says it has rejected an approach from its biggest shareholder Sebastian Holdings. Vivendi said that it considered the approach, in the form of "a request for cooperation" to be directed at "dismembering the group". The price of shares in...
- Research articles 2006-05-17
- Vivendi Universal reports tripling of quarterly profit
- PARIS AFP — French media group Vivendi Universal said its net earnings in the second quarter had more than tripled to 640 million euros (786 million dollars) from 182 million in the same period of 2004 and predicted it would surpass its income target for all of 2005. With...
- Research articles 2005-09-13
- Interpublic Names Chief Financial Officer; Frank Mergenthaler Brings Strong Operational Finance Experience in Media and Entertainment Industries, Top Accounting Credentials
- NEW YORK -- The Interpublic Group (NYSE: IPG) today announced that it has named Frank Mergenthaler Executive Vice President and Chief Financial Officer. Mr. Mergenthaler, 44, joins Interpublic with extensive experience in the media and entertainment industries, having played increasingly important roles in the finance operations of major multinationals such...
- Research articles 2005-07-19
- Sarbanes-Oxley:The US Experience and the UK Reaction.
- What lessons can we learn from the US experience of this legislation to date, and to what extent should directors and their insurers fear or welcome recent UK and European attempts to address these issues? We consider the US experience in this article, and the UK and European response...
- Research articles 2004-08-11
- Getting Messier; Corporate scandal in France.(More trouble for Jean-Marie Messier)
- The continuing pursuit of a disgraced boss JEAN-MARIE MESSIER, the disgraced former boss of Vivendi Universal, a media and telecoms group that fell from grace in 2002, is facing further dishonour. He was placed under formal investigation on June 23rd after two days...
- Research articles 2004-06-26
- Former Vivendi chief Messier placed under investigation
- PARIS AFP ? Jean-Marie Messier, the former head of Vivendi Universal, was formally placed under investigation for fraud allegedly committed while he ran the French media group, his lawyer Olivier Metzner told AFP. Magistrates Henri Pons and Rene Cros placed Messier, 47, under investigation for stock market manipulation and...
- Research articles 2004-06-22
- Sunday Business, London, Company Roundup Column.
- By Grant Clelland, Sunday Business, London Knight Ridder/Tribune Business News May 16--UNIVERSAL LOOKS TO A HAPPY ENDING WITH NEW OWNERS: Last week, NBC completed its long-awaited takeover of Vivendi Universal, consolidating its position as a rival to Time Warner, Walt Disney and...
- Research articles 2004-05-16
- US regulators clear NBC-Vivendi Entertainment deal
- WASHINGTON AFP ? The mega-deal to merge the entertainment unit of France's Vivendi Universal with General Electric's NBC won approval from the US Federal Trade Commission, an agency spokesman said. "The FTC has closed its entire investigation and has concluded that the companies can now proceed their transaction," said...
- Research articles 2004-04-20
- Sunday Business, London, Grant Clelland Column.
- By Grant Clelland, Sunday Business, London Knight Ridder/Tribune Business News Mar. 21--What is the point of Vivendi Universal? The French media conglomerate is now only half the size it was when Jean-Rene Fourtou was parachuted in to haul it back from financial disaster...
- Research articles 2004-03-21
- Report: NBC-VU hits snag at FTC over fees.(This Just In)(the Federal Trade Commission shows concerns over NBC's plans for using its merger with Vivendi Universal Entertainment to gain higher programming feess from cable operators)(Brief Article)
- WASHINGTON -- The Federal Trade Commission is reportedly concerned that NBC plans to use its pending merger with Vivendi Universal Entertainment to extract higher programming fees from cable operators. The FTC's concerns were reported Dec. 31 in USA Today, which cited unnamed individuals. FTC spokesman Mitch...
- Research articles 2004-01-05
- Financial News best and worst European M&A deals of 2003.
- Deals and duds of the quarterQ1: Olivetti/Telecom Italia. The [euro]25.2bn ($29bn) bid by Olivetti (JP Morgan, Unicredito, Mediobanca), the Italian holding company for the 45% of subsidiary Telecom Italia (Lazard, Goldman Sachs) it did not already own was fraught with difficulty. But the fact that Marco...
- Research articles 2004-01-04
- NBC, Vivendi merger hits possible snag
- WASHINGTON -- NBC and Vivendi Universal Entertainment's seemingly problem-free merger has hit a snag because internal NBC documents have antitrust enforcers worried about the effect the deal could have on consumers, people familiar with the deal say. The European Commission approved the $14 billion deal last week, but the...
- Research articles 2003-12-31
- Messier to renounce severance under Vivendi deal with US
- NEW YORK AFP ? Former Vivendi Universal chief executive Jean-Marie Messier dropped claims for a hefty severance package under a deal announced by US regulators in which the French media giant agreed to pay a 50 million dollar fraud penalty. The deal includes Vivendi's consent to pay a 50...
- Research articles 2003-12-23
- Brussels set to OK Lagardere purchase of Vivendi publisher
- BRUSSELS AFP ? EU Competition Commissioner Mario Monti is likely to give the green light to the purchase of Vivendi Universal's publishing arm by French group Lagardere, his spokeswoman said. Monti "has the intention of submitting to the Commission clearance in the coming weeks" for Lagardere's acquisition of Editis,...
- Research articles 2003-12-03
- Daily News, New York, Media Column.
- By Phyllis Furman, Daily News, New York Knight Ridder/Tribune Business News Nov. 6--Barry Diller's messy show biz marriage with French media giant Vivendi is finally on its way to divorce court. The online mogul and Vivendi are heading to the negotiating...
- Research articles 2003-11-06
- Heat Index; Weekly Rating (0-10) of Sizzle & Fizzle.(Media Works)
- 9 NBC Universal Bob Wright has gotten Vivendi Universal's movie studio and cable channels to round out GE's media holdings beyond NBC, creating a $43 billion entity. 7 Deutsch and Wolff New York columnist Michael Wolff and ad man Donny Deutsch are teaming with...
- Research articles 2003-10-13
- Vivendi, NBC Merger Talks Hit Snags
- Negotiations between Vivendi Universal [NYSE: V] and General Electric [NYSE: GE]-owned NBC have hit some bumps in the road, according to sources close to the merger talks. While the parties were still talking as of Friday, lastminute details of the deal had not been finalized, the sources said. Vivendi...
- Research articles 2003-10-06
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