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Vivendi's share in Sky for sale
Vivendi Universal has withdrawn its presence from the British Sky Broadcasting board and confirmed its 22.7% share stake will be up for sale in the nearest future. Vivendi's spokesman told Reuters it would place shares with a trustee rather than releasing them on the open market.
It is believed that Vivendi's decision follows a recent deadlock in General Motors' negotiations with Rupert Murdoch for the purchase of Sky Global...
Author:MRK [Source: WEB]
Posted on Tuesday 30 January 2001
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