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Mediaset ready to sue to enforce Vivendi pay-TV deal

Friday 29 July 2016 | 14:34 CET | News
Italian broadcaster Mediaset said it will use all means at its disposal to force Vivendi to honour its deal to acquire 100 percent of its pay-TV business Mediaset Premium and will sue the French company if necessary. The company said its board rejected Vivendi's alternative bid to acquire a smaller stake in the pay-TV division and a larger deal in the Mediaset parent group, calling it incompatible with the binding contract signed in April. Under the terms of the original offer, Mediaset would acquire a 3.5 percent stake in Vivendi in return for the French company taking full ownership of

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Categories: Broadcast & Satellite
Companies: Mediaset / Vivendi
Countries: Italy
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