Vivendi Universal announced plans Monday to reduce its stake in Vivendi Environment by more than 20%, allowing the highly leveraged French conglom to transfer $13.2 billion in debt off its books.
Minority shareholders of Vivendi Universal asked a Paris judge Friday to investigate the conglom's financial disclosure over the past two years. Separately, the company hired outside lawyers in New…
Andrea R. Vaucher: Eurotrack
Vivendi Universal has filed a €1 million ($944,000) libel suit against French daily Le Monde for a front-page story claiming the media and utility conglom experienced a cash crunch and nearly…
Vivendi Universal and Canal Plus sold their hemorrhaging Italian pay TV platform Telepiu to Rupert Murdoch's News Corp. on Saturday in a transaction worth $1.4 billion.
Shares of Vivendi Universal rebounded Friday after taking a drubbing a day earlier as investors worried that a midweek executive meeting produced few concrete plans for reducing the French media…
Et Tu, Edgar? Last December, Edgar Bronfman, Jr. appeared to wash his hands of Vivendi Universal and its glibly efficient CEO Jean-Marie Messier, ankling his post as vice chair one year after…
Shares in Vivendi Universal plunged 5.5% a day after French media conglom's board staged a daylong meeting to hash out management and debt woes.
Rupert Murdoch's News Corp. confirmed Thursday that it is in talks with Vivendi Universal to buy out Viv U's Italian paybox Telepiu.
They didn't grease up a guillotine, but Jean-Marie was fitted for handcuffs. Against a backdrop of speculation of a palace revolt, embattled Vivendi Universal chief Jean-Marie Messier remained firmly…