Logo

Vivendi Won’t Try to Sell 20% NBCU Stake

Dec 2, 2008  •  Post A Comment

Vivendi won’t attempt to sell its 20% stake in NBC Universal this year because of market conditions, the Hollywood Reporter says, citing people familiar with the process that it didn’t identify. Vivendi, whose management has spoken highly of NBC Universal CEO Jeff Zucker, had an option to sell the stake this year that expires Friday, the newspaper reports.
—Danny King

Your Comment

Email (will not be published)