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Vivendi ponders its stake in NBC

August 28, 2008|From Times Staff and Wire Reports

Vivendi, France's biggest media company, may sell its 20% stake in NBC Universal, though there is "no urgency" to do so now, Chief Executive Jean-Bernard Levy said.

"One day we think this shareholding will be sold," Levy said in a Bloomberg Television interview in Palaiseau, France. "There is no urgency. Every year we consider it a little bit, whether it makes sense."

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