Vivendi Rejects SoftBank’s Bid for Universal Music
Vivendi SA (EPA:VIV) rejected $8.5 billion offer from Softbank Corp (PINK:SFTBF) (TYO:9984) for Universal Music Group, reports Bloomberg’s Andy Fixmer. Sources told Bloomberg that Vivendi directors turned down the proposed acquisition relatively quickly.
Vivendi SA (EPA:VIV), which has seen slow growth in recent years, is reportedly . . .
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