Six bids expected for Universal Entertainment by Monday

Posted June 18, 2003, 4:50A | Contributed by Jeff

French media giant Vivendi Universal said it expects six bidders to compete for the company's U.S. entertainment assets by a Monday deadline for offers, setting the stage for one of the industry's most anticipated auctions. Bidders reportedly include Liberty Media Corp., Viacom Inc., General Electric's NBC, Metro-Goldwyn-Mayer Inc. and two investment groups — one headed by Vivendi Vice Chairman Edgar Bronfman Jr., the other by oil tycoon Marvin Davis.