Vivendi Universal shares tanked Monday after a muddled asset sale further eroded investor confidence ahead of a regularly scheduled board meeting in Paris today.
With Vivendi Universal's shareprice even further depressed and a board of directors meeting scheduled in Paris Tuesday, CEO and chairman Jean-Marie Messier has implimented the second step in his plan…
Vivendi Universal startled financial markets Friday by parking a 12.7% stake in Vivendi Environment with Deutsche Bank after announcing plans several days earlier to definitively unload a big chunk…
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.
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