Vivendi not a long-term investor in NBC: report
LONDON (MarketWatch) — Vivendi chief executive Jean-Bernard Levy told a conference in Barcelona that the company’s 20% stake in NBC Universal isn’t a long-term investment, according to a Dow Jones Newswires report. A decision over when and how to dispose of the stake could come in the next two or three weeks, when the current window to sell to General Electric expires, the report added. GE owns the remaining 80% of NBC Universal. Levy also said Vivendi hasn’t seen any signs of a slowdown in sales.
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