October 19, 2016 / 6:00 PM / 10 months ago

BRIEF-Mediaset says soured Vivendi deal will be resolved in court

Oct 19 (Reuters) - Italy's private broadcaster Mediaset says:

* takes note of Vivendi statement earlier on Wednesday, matter will be resolved in court

* there has been no contact between Mediaset and Vivendi since July 25, when Vivendi backed out of pay-TV deal

* Vivendi's reference to pay-TV unit's "unrealistic business plan" is inappropriate interference in the activities of a relevant asset and creates further damage to the company's market share price

* requests to seize 3.5 percent stake in Vivendi is not an intimidating initiative but aimed at protecting Mediaset's interests Further company coverage: (Reporting by Milan newsroom; Editing by Mark Bendeich)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below