|January 9, 2013|
|19:44 EDT||VIVHY, LMCA||Vivendi to appeal ruling in Liberty Media suit 'to fullest extent possible'|
This is being reported by Bloomberg, citing an emailed statement from the company.
News For LMCA;VIVHY From The Last 14 Days
|November 20, 2014|
|10:02 EDT||LMCA||On The Fly: Analyst Downgrade Summary |
Today's noteworthy downgrades include: Zoetis (ZTS) downgraded to Market Perform from Outperform at William Blair... Target (TGT) downgraded to Hold from Buy at Evercore ISI... Alexandria Real Estate (ARE) downgraded to Neutral from Outperform at RW Baird... Allscripts (MDRX) downgraded to Sector Perform from Outperform at RBC Capital... athenahealth (ATHN) downgraded to Underperform from Sector Perform at RBC Capital... Boston Properties (BXP) downgraded to Neutral from Outperform at RW Baird... Cliffs Natural (CLF) downgraded to Hold from Buy at Deutsche Bank... Cubist (CBST) downgraded to Neutral from Outperform at Credit Suisse... Denbury Resources (DNR) downgraded to Equal Weight from Overweight at Barclays... E-House (EJ) downgraded to Perform from Outperform at Oppenheimer... Owens-Illinois (OI) downgraded to Market Perform from Outperform at BMO Capital... Quality Systems (QSII) downgraded to Sector Perform from Outperform at RBC Capital... Sapient (SAPE) downgraded to Hold from Buy at Stifel... Harsco (HSC) downgraded to Hold from Buy at Argus... Credit Acceptance (CACC) downgraded to Underperform from Market Perform at JMP Securities... Liberty Media (LMCA) downgraded to Hold from Buy at Telsey Advisory.
|09:30 EDT||LMCA||Liberty Media downgraded to Hold from Buy at Telsey Advisory|
|07:16 EDT||LMCA||Charter could look to buy Time Warner Cable if Comcast deal fails, WSJ says|
John Malone, the chairman of Liberty Media (LMCA), said Charter Communications (CHTR) would look to buy Time Warner Cable (TWC) if TWC's deal with Comcast (CMCSA) falls through, The Wall Street Journal reports. Malone told shareholders at Liberty's investor day that he would pursue "an outright purchase" of Time Warner Cable if regulators don't approve the Comcast deal. Reference Link
|November 19, 2014|
|16:42 EDT||VIVHY||Activision Blizzard to receive $275M in settlement|
Activision Blizzard (ATVI) announced that an agreement has been reached to settle the consolidated derivative and class action shareholder case stemming from the October 2013 purchase by the company and an investor group of 88% of Vivendi SA’s (VIVHY) shares in the company. The settlement is subject to completion of appropriate documentation and approval by the Delaware Chancery Court. Multiple insurance companies, along with various defendants, will pay Activision Blizzard $275M. The company believes the settlement, which acknowledges no wrongdoing by any party, is in the interest of all stakeholders. The board stated: “The transaction, structured through the efforts and significant personal investment of Bobby Kotick and Brian Kelly, has contributed to the creation of over $3B of value for shareholders. We are pleased to be able to put this matter to rest.” Other terms of the settlement include the addition of two unaffiliated company directors, payment of reasonable and customary fees and costs of plaintiff’s attorneys by the Company, an adjustment of voting rights and a global release of all claims against the defendants. The October 2013 transaction was approved by Vivendi SA and the company’s board following a recommendation of a Special Committee of independent directors formed by the board to negotiate the transaction on behalf of the company.
|15:34 EDT||LMCA||Liberty Media CEO says focused on expanding cash reserves|
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|09:04 EDT||LMCA||Liberty Media to host investor meeting|
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|07:11 EDT||VIVHY||Sanofi drawing up list of CEO candidates to repalce Viehbacher, Reuters reports|
Sanofi's (SNY) board is in the process of drawing up a short list of CEO candidates to replace Chris Viehbacher, sources tell Reuters. Jean-Rene Fourtou, a Sanofi director and the honorary chairman of media group Vivendi (VIVHY), has been selected to lead the appointments and governance committee that will select the next CEO. Smith & Nephew (SNN) CEO Olivier Bohuon, AstraZeneca (AZN) CEO Pascal Soriot and former Wyeth CEO Bernard Poussot have been rumored to be potential contenders for the CEO position. Reference Link
|November 14, 2014|
|11:58 EDT||VIVHY||Vivendi reports Q3 EBITA EUR 310M vs. EUR 295M last year|
Reports Q3 revenue EUR 2.41B vs. EUR 2.43B last year. Vivendi (VIVHY) said, having received the authorization granted by the French Competition Authority on October 27, the completion of the merger between SFR and Altice/Numericable Group should take place on November 27. In addition, following the agreement signed on September 18, the completion of the acquisition of GVT by Telefonica (TEF) is expected during the second quarter of 2015.