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Vivendi asks Mediaset to revoke new loyalty share scheme

Wednesday 3 July 2019 | 09:26 CET | News
Italian broadcaster Mediaset announced that it has received a request from hostile shareholder Vivendi to call a new extraordinary shareholders' meeting "without delay" to revoke resolutions approved on 18 April. In the latest twist in the ongoing legal dispute between the two companies, Vivendi wants Mediaset to abandon a loyalty share scheme approved in the shareholders' meeting that rewards longer-term investors with additional votes.

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