TITLE

VU posts entertainment for-sale sign

PUB. DATE
March 2003
SOURCE
Hollywood Reporter -- International Edition;3/25/2003, Vol. 377 Issue 47, p79
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
Vivendi Universal SA has started sending out official notices to executive offices at major media companies soliciting bids for its U.S. entertainment assets, industry sources report. While Vivendi Uni has for months said it is exploring various options for those assets, the distribution of an initial sale notice is the clearest sign to date that the company is looking to sell its entertainment operations outright. Top contenders for Vivendi Uni's assets include Viacom Inc., John Malone's Liberty Media and a group led by oil billionaire Marvin Davis. INSET: For sale.
ACCESSION #
9557483

 

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