GE Said to Lean Toward IPO of Vivendi's NBC Stake
Bloomberg, November 23, 2009
By Rachel Layne
General Electric is leaning toward allowing an initial public offering of Vivendi's minority holding in NBC Universal as talks to purchase the stake stall. The two sides are about $500 million apart on a valuation for Vivendi's 20 percent stake in the entertainment unit, and little progress has been made in recent days.
This article is copyrighted material, the use of which has not been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond fair use, you must obtain permission from the copyright owner.
