Vivendi Holding Out for More Money for its NBCU Stake

Nov 18, 2009  •  Post A Comment

Vivendi wants more than General Electric is offering for its 20 percent stake in NBC Universal, reports The New York Times DealBook, citing a Wall Street Journal report.

G.E. needs to acquire the stake before it can conclude its deal to sell Comcast a majority stake in NBCU.

DealBook added Vivendi also wants G.E. to acquire at least part of the NBCU stake before the likely close of any Comcast deal, which would protect it should the Comcast deal fall apart.

–Elizabeth Jensen

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