Vivendi in no rush to help Comcast get NBC (Dealscape

Reports that a deal between Comcast Corp. and General Electric Co.'s NBC Universal Inc. is galloping toward a close assume at their peril that Vivendi SA, which owns 20% of NBC U, is simply along for the ride.

Vivendi, however, has always taken the position that it will not tip its hand before its annual window opens on Nov. 15 about whether to exercise its put option with GE. Even after the window opens, the French conglomerate has until Dec. 10 to force GE to buy out its 20% stake or to take its NBC U shares public. It can also wait for the window to open in subsequent years through 2016.

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NOT A SUBSCRIBER? Vivendi in no rush to help Comcast get NBC Posted on November 2, 2009 5:49 PM Reports that a deal between Comcast Corp. and General Electric Co.'s NBC Universal Inc. is galloping toward a close assume at their peril that Vivendi SA, which owns 20% of NBC U, is simply along for the ride. Vivendi, however, has always taken the position that it will not tip its hand before its annual window opens on Nov. 15 about whether to exercise its put option with GE. Even after the window opens, the French conglomerate has until Dec. 10 to force GE to buy out its 20% stake or to take its NBC U shares public. It can also wait for the window to open in subsequent years through 2016. This is a free content preview. Subscribers enjoy access to all stories in full as well as second-to-none market intelligence. Dig deeper, with Pipeline. 560 in-depth reports of M&A deals in the Media sector 106 in-depth transaction records for Comcast 88 company pages related to Television 30 in-depth transaction records for NBC Universal 10 years of news and analysis archives from the voice of The Deal Economy Most searched keywords Skadden Arps Amusement parks Deb Shops Windstream Corp. Diedrich Coffee Hanna Andersson Tween Brands Entertainment Lazard Lyondell Chemical		EXISTING USERS Username Password Forget your password? Missing a product?

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