As rumors swirl tubes and GE, Levy said Vivendi Possibility of IPO of 20% of NBC Universal

A crazy rumor said Viacom and General Electric would merge Paramount and Universal – only the movie studios – into a single company’s greatest assets. “An IPO is possible, if we exercise the put option to go and prepare for an initial public offering. So all eyes were on Vivendi CEO Jean-Bernard Levy, today, when he spoke at the Goldman Sachs conference Communicopia media. Vivendi the option to sell up to $ 4 billion of shares NBCU runs from 15 November to Friday the first week of December. At least the parent company of NBC Universal’s share price is rising dramatically this weekHowever, to understand the decision has not been done. Because the flow of dividends received from NBC Universal is “very good.” And everything related to the option to sell Vivendi. So why put up with Vivendi? “Broadcasting and Cable noon quoted a senior executive at the conference Goldman said that the expectation of all is that Vivendi wants to “turn the paper into cash.” Last year, Levy also mocked investors about his intentions and did nothing. In just the past week, I heard rumors after rumors about what may happen to NBC Universal by Vivendi put option expiring. However, GE may be advanced for the repurchase of shares to the head of GE, Jeff Immelt, said last year that “would in a heartbeat.” Meanwhile, GE is heard talking with analysts tomorrow. (This was denied by the inmates, both conglomerates.) Another rumor had Comcast healthier purchase% of the shares of Vivendi Universal 20 on NBC. Every November, Vivendi can trigger a right to sell its 20% of NBC Universal, either in the market or the parent General Electric, NBC Universal. The next window is a little over two months, you will know more at that time,” he said sheepishly. (It seems in the realm of possibility, but unlikely, too.) However, I can say that GE has recently been asking deeper universal and financial information more than ever. You can go to GE buys from us or the end of several months, the company becomes public, assuming that we exercise. “Last year there was confusion and would not know where the market and the advertising market was not in our favor. The conventional wisdom, still unconfirmed, is that Vivendi may decide to sell this year because he is more interested in expanding in telcom hang on an active nucleus rather than media. Vivendi won the stake in 2004, when it sold its Universal Studios, U.S. and sci-fi networks and assets from other media, to GE. Levy mentioned the economic situation improved means of communication. Unless GE uses a preferential right of first refusal and buy from us for a price.
