Approves

Vivendi approves division into four companies and sets shareholder vote

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Vivendi's supervisory board, led by Chairman Yannick Bolloré and CEO Arnaud de Puyfontaine, has approved a plan to split into four companies, on which shareholders will vote on December 9. If approved, it will lead to the separation of pay-TV giant Canal+, advertising giant Havas and publishing house Louis Hachette Group, which consists of the … Read more

Larry Ellison Plans to 'Revitalize' CBS if FCC Approves Skydance Deal

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New filings with the Federal Communications Commission outline a plan to “strengthen and revitalize” the CBS broadcast network and its owned-and-operated stations if Oracle founder Larry Ellison is allowed to take control of the broadcast licenses. Ellison, father of Skydance founder and CEO David Ellison (who would be Paramount’s future CEO if the merger goes … Read more

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