Metro-Goldwyn-Mayer, the famed film studio that is considering selling itself, has sent confidentiality agreements to about 20 interested parties including Time Warner and News Corp , sources familiar with the matter said on Tuesday.
NEW YORK (Reuters) - Chieftain Capital Management, an investment firm with about $3 billion in assets, is breaking up following a rift among its managers, the Wall Street Journal reported on its website on Sunday.
Stocks finished lower Friday, despite a last-ditch attempt to rally, as technology shares took yet another hit — this time it was weak earnings from PC maker Dell. Still , for the week, the Dow gained about 50 points.
Friday, 20 Nov 2009 | Source: The Associated Press
Former Vivendi CEO Jean-Marie Messier told a jury Friday he made mistakes in his troubled bid to turn the French water company into a global media giant, but he never misled shareholders about the risks.
Stocks declined Friday as technology shares took yet another hit — this time it was weak earnings from PC maker Dell. Merck was among the few gainers today as investors moved into classically safe bets like health care, consumer staples and utilities.
NEW YORK (Reuters) - Talks between General Electric and Vivendi over the future of NBC Universal have stalled, the New York Times reported on Friday night.
NEW YORK (Reuters) - General Electric <GE.N> and Vivendi <VIV.PA> are at least $1 billion apart in their valuation of the French group's stake in NBC Universal, the Financial Times said on Thursday.
Thursday, 19 Nov 2009 | Source: The Associated Press
Media mogul John Malone said Thursday that Comcast Corp.'s plan to buy a controlling stake in NBC Universal would give it too much market power and force competitors to consider similar acquisitions.
BARCELONA (Reuters) - Vivendi could exit from U.S. media group NBCU Universal as it has no intention to be part of the future joint venture being discussed by Comcast and General Electric, its chief financial officer said on Thursday.
Vivendi is close to selling its stake in U.S. media group NBC Universal (NBCU) but its board has not yet made a decision as the situation is "complex," its chief financial officer said on Thursday.
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