Posted Wednesday, June 18, 2003 4:50 AM | 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.
Read more from The LA Times.
"It's not a Too-mah!" - Arnold after riding Batman the Ride
Age and treachery will always overcome youth and skill.
If I were Marvin Davis, I'd have left Vivendi to the winds of fate after their last rejection of his offer...
Just my *impression* mind you, but other than the USF expansion, I have seen Vivendi do very little that strikes me as good business...
bill, hoping that it all works out somehow...I sure wouldn't mind IoA/USF coming under the Paramount "flag"...
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