Vivendi (EPA: VIV) is reducing the book value of its 20 percent stake in the NBC Universal (NYSE: GE) joint venture. The French conglomerate’s share was recently valued at $8 billion and the write-down is expected to be less than the
Subscriber content
?
Subscriber content comes from Gigaom Research, bridging the gap between breaking news and long-tail research. Visit any of our reports to learn more and subscribe.
Advertisement
Advertisement
Advertisement
Comments have been disabled for this post