Media Industry
Industry: Email Alert RSS FeedVivendi, EchoStar make a deal. (Fast Track).
Broadcasting & Cable, December, 2002
VIVENDI UNIVERSAL sold its stake in ECHOSTAR COMMUNICATIONS to EchoStar for $1.066 billion in cash. That's about $500 million less than what Vivendi paid for the 10% stake when it bought in 2001, but it needs the cash.
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