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Stock Market & Financial Investment News

News Breaks
February 7, 2013
11:32 EDTVIVHYVivendi's Universal Music to sell Parlophone to Warner Music
Universal Music Group, a fully owned subsidiary of Vivendi, announced that it has entered into a definitive agreement to sell Parlophone Label Group to Warner Music Group for GBP487M. This sale follows the approval of UMG's acquisition of EMI Recorded Music by the European Commission in September 2012. The closing of the Parlophone transaction is expected to occur later this year, following employee consultations in certain jurisdictions and subject to various regulatory approvals. Additional financial terms were not disclosed.
News For VIVHY From The Last 14 Days
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July 23, 2014
11:34 EDTVIVHYTelecom Italia CEO says TIM, GVT deal not goal at moment, Reuters says
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July 16, 2014
11:47 EDTVIVHYVivendi almost fired Activision CEO over buyout, Bloomberg says
Activision Blizzard (ATVI) CEO Robert Kotick was nearly fired after he demanded that he head a group helping to buy out most of Vivendi's (VIVHY) share in the video-game firm he led, according Bloomberg citing court filings. Reference Link
July 15, 2014
06:30 EDTVIVHYDOJ investigating music publishing, possible price coordination, WSJ reports
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