Oops! Vivendi May Delay 20% NBCU Sale?

vivendi-logo-1I’m getting word from Paris that Vivendi may delay the sale of its 20% NBC Universal stake to concentrate on the company’s attempted purchase of Brazil’s GVT phone operator. Nothing official yet from yesterday’s Vivendi board of directors meeting, but the stock dropped 1.8% in Paris trading. This would put a big wrinkle in any Comcast/GE deal attempt since it hinged on the Vivendi sale right away. Then again, as I’ve said all along, Vivendi was interested in selling NBCU in order to focus more on telecom than entertainment. Let me keep reporting.

This article was printed from https://deadline.com/2009/10/vivendi-may-delay-20-nbc-universal-sale-17453/