This article talks about Universal Music Group and how at this time Vivendi is not going to sell or spin off UMG. Also talks about UMG and their buyout of EMI.
The article also goes over ATVI a bit, and talks about Vivendi’s conglomerate discount again.
More good news on the spin-off/asset sale front.
The articles go over spin-off and asset sale possibilities that Vivendi could do to unlock value.
The main thing I found interested is that they appear to be trying to sell or spin-off ATVI first which is what I think they should do, and what I stated in my article here.
I was surprised to see that they are thinking about selling SFR though. They originally owned 66% of SFR and last year bought out the remaining 44% so that could be a quick show that buying the remaining portion was a mistake.
Whatever they decide to do, Vivendi will most likely unlock their missing value and the share should go up quite a bit higher after they make their decisions.
The CEO of Vivendi is set to step down over disagreements with the board of directors on strategy.
The above article speculates that this could mean some kind of spin off or asset sale of Vivendi’s assets. Here is my original article on Vivendi.
Congratulations Supreme Court of the United States.
In the way you ruled and stated your judgement, it now appears that congress has the power to do ANYTHING they want as long as its called a tax. Giant ramifacations for the future.
Oh and remember when Obama kept saying over and over again that this wasn’t a tax.
Here is an article about ALEX detailing the upcoming spin off and the operations of the companies.
Here is my original article on ALEX as well for those who are interested.