Vivendi a revitalizing a french conglomerate case analysis

Plaintiff Securities and Exchange Commission the "Commission"for its Complaint alleges as follows: Vivendi was formed in December as a result of a three-way merger of Vivendi's predecessor company with The Seagram Company Ltd. In JulyVivendi reported that it experienced a liquidity crisis. Vivendi also began selling many of its assets.

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Vivendi was found liable to a class of investors back inafter a rare securities class action trial. But Vivendi retained the right to challenge claims by some big investors.

Vivendi a revitalizing a french conglomerate case analysis

SAM was the biggest of them. The judge held in that case that Vivendi successfully established the Gabelli Funds did not make investment decisions based on its supposed misstatements.

Vivendi's Woes

But that decision occurred before the U. Levinsonthat fraud distorts the market price of shares. So according to the class, investors that use price-to-value ratios to evaluate their holdings, as SAM did, inevitably rely, even if indirectly, on fraudulent statements.

She pointed out, however, that Halliburton and its predecessor, Basic, addressed reliance only in the context of class certification. Those facts, Scheindlin said, were enough for Vivendi to rebut the presumption that SAM relied on corporate misrepresentations. If the mean trading price during the day bounce-back is less than the inflated price investors paid before the fraud was revealed, shareholders can recover damages, she ruled.Vivendi (A): Revitalizing a French Conglomerate.

As reflected in its name, Compagnie Générale des Eaux, which translates as General Water, CGE built a franchise based on water purification and distribution throughout France.

Vivendi sues T-Mobile for fraud | Financial Times

Session 17– Monday, 3/31 A particular form of diversified firm, one whose fashion standing tends to come and go, is the conglomerate. While conglomerates tend to be highly diversified multi-business firms, it is their type of diversity that makes them unique.

Download-Theses Mercredi 10 juin Nov 02,  · Vivendi plus Havas would create a company unlike any other. It would add a third, largely unrelated, business to Vivendi's French pay-TV provider Canal Plus and Universal Music Group.

The company, which came close to bankruptcy following Messier's acquisition spree, claims the golden goodbye was never formally approved by its board.

There is speculation that, as part of a deal with the SEC, Vivendi may drop its lawsuits against Messier, who will then relinquish the payoff. Vivendi Ppt - Download as Powerpoint Presentation .ppt /.pptx), PDF File .pdf), Text File .txt) or view presentation slides online.

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Vivendi a revitalizing a french conglomerate case analysis
Revitalizing a french conglomerate - Free Business Essay - Essay UK