Apr 3, 2008
Vivendi unloads BSkyB shares to help finance expansion in America
“The most-hoped for outcome is that we get our money back next year. But there are other ways to get what we want. Sky can work with Kirch to strengthen the business.”
Vivendi Universal yesterday moved to raise more cash from its BSkyB stake and bolster its balance sheet ahead of a possible US acquisition. via The Independent
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