Learning from past blunders, media giant Vivendi Universal has told potential buyers for its U.S. entertainment empire to bid for everything or not bother...
Sounds like Vivendi is trying to "scare off" the piecemeal bidders. I wouldn't read more into this statement than posturing.
Bottom line: they NEED to sell the properties, period. They will take whatever they can get, from whomever they can get it . Then, the lawyers and "bean-counters" take over. As long as the money is on target, they'll take it and run whether it's from 1, 2, or 3 bidders. That's probably where this will wind up, as a consortium of sorts amongst some of the bidders.
I'm leaning towards a Liberty/Viacom combo. (Keep your eyes on John Malone, he's a shrewd one).
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