Posted Wednesday, May 21, 2003 5:25 AM | Contributed by Jeff
Vivendi Universal is in talks with four or five groups on the sale of its U.S. entertainment business and a deal could be signed as early as this summer, sources close to the matter said on Tuesday. The enterprise value of the business -- stretching from Universal Studios to cable TV channels and theme parks -- is estimated around 15 billion euros, or just enough to wipe out the post-expansion debts of parent Vivendi Universal.
Read more from Reuters.
I really hope they sell it all in one package. I'd hate to see the movie, park, and music divisions all go to seperate companies.
I really am a Disney fan, but the state the parks are in is disgusting but Jay Rasulo(sp?) is turning it around.
2002, PGA,SFMW,MK,MGM,AK, EPCOT,IOA, UNIVERSAL, SWO,and SFMM!
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