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No cash for Vivendi, NBC stake sale

LONDON (Reuters) – French media group Vivendi will not receive any cash upfront from a $5.8 billion sale of its stake in broadcast group NBC Universal to majority owner General Electric, the Financial Times reported.

December 2, 2009
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LONDON (Reuters) - French media group Vivendi will not receive any cash upfront from a $5.8 billion sale of its stake in broadcast group NBC Universal to majority owner General Electric, the Financial Times reported.

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