Sponsored Links

Vivendi Will Appeal U.S. Court Ruling In Liberty Media Lawsuit

* Reuters is not responsible for the content in this press release.

Wed Jan 9, 2013 8:12pm EST

http://pdf.reuters.com/htmlnews/8knews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20130110:nBw096575a

PARIS--(Business Wire)--
Regulatory News: 

Vivendi (Paris:VIV) announced today that a New York court confirmed a €765
million jury verdict rendered against Vivendi on June 25, 2012 in a lawsuit
filed by Liberty Media Corporation. 

The Court awarded prejudgment interest at the low rate of a one-year U.S.
Treasury Department bill, as requested by Vivendi. 

Vivendi strongly believes that it did no wrong and intends to pursue its appeal
to the fullest extent possible. 

About Vivendi

Vivendi is at the hearts of the worlds of content, platforms and interactive
networks.

Vivendi combines the world leader in video games (Activision Blizzard), the
world leader in music (Universal Music Group), the French leader in alternative
telecoms (SFR), the Moroccan leader in telecoms (Maroc Telecom Group), the
leading alternative broadband operator in Brazil (GVT) and the French leader in
pay-TV (Canal+ Group).

In 2011, Vivendi achieved revenues of €28.8 billion and adjusted net income of
€2.95 billion. The Group has over 58,300 employees. www.vivendi.com

Important disclaimer

Disclaimer Forward Looking Statements. This press release contains
forward-looking statements with respect to Vivendi`s financial condition,
results of operations, business, strategy and plans. Although Vivendi believes
that such forward-looking statements are based on reasonable assumptions, such
statements are not guarantees of future performance. Actual results may differ
materially from the forward-looking statements as a result of a number of risks
and uncertainties, many of which are outside our control, including but not
limited to the risks described in the documents Vivendi has filed with the
Autorité des Marchés Financiers (French securities regulator) and which are also
available in English on our web site (www.vivendi.com).

Investors and security holders may obtain a free copy of documents filed by
Vivendi with the Autorité des Marchés Financiers at www.amf-france.org, or
directly from Vivendi. The present forward-looking statements are made as of the
date of this press release and Vivendi disclaims any intention or obligation to
provide, update or revise any forward-looking statements, whether as a result of
new information, future events or otherwise.

Unsponsored ADRs. Vivendi does not sponsor an American Depositary Receipt (ADR)
facility in respect of its shares. Any ADR facility currently in existence is
"unsponsored" and has no ties whatsoever to Vivendi. Vivendi disclaims any
liability in respect of such facility.

Vivendi 

Copyright Business Wire 2013
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.