Three offers on table for Vivendi's assets: Bronfman Group, Liberty media bid, and GE's in hunt.
Multichannel News, August, 2003 by Farrell, Mike
The lengthy and sometimes controversial auction for Vivendi Universal Entertainment has come down to a waiting game, as the board of directors of its French parent company is expected to mull over three offers at a meeting on Aug, 26.
The second round of bidding for VUE--which consists of cable channels USA Network, Sci Fi Channel, Trio and NewsWorld International, the Universal movie studio and Universal theme pares--ended late last Monday, with Liberty Media Corp. and an investment group headed by former Vivendi vice chairman Edgar Bronfman Jr. submitting formal offers.
General Electric Co.'s NBC television unit also continues to be in the hunt for VUE--the U.S. entertainment arm of Vivendi Universal S.A.--but it did not submit a formal bid on...
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