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Mediaset, Vivendi negotiating way out of merger plan impasse - report

Wednesday 6 November 2019 | 09:22 CET | News
Italian commercial broadcaster Mediaset and its second largest shareholder Vivendi have begun talks over how to overcome the current impasse regarding the governance of Mediaset's planned pan-European TV plan, according to two unnamed sources cited by Reuters. The French media giant owns around 29 percent of Mediaset and is strongly opposed to the Italian broadcaster's recently-approved plan to merge its domestic and Spanish businesses into the Netherlands-based Media for Europe (MFE) entity. Vivendi has lodged appeals in Italy, Spain and the Netherlands in a bid to suspend the

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