Vivendi won't sell its 20% stake in NBC Universal

By 2006-12-14T00:00:00

Vivendi has announced thatit will not exercise a right to unload its 20% share of NBC Universal inJanuary.Under a 2004 deal whichsaw Vivendi sell Universal to GE, the former retained a 20% stake in the newlyformed NBC Universal and was given the option to begin selling in 2006 althoughthat option ...

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