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Old May 26th, 2003, 05:17 AM   #22
BST
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Quote:
Originally posted by Peter Noble

A Malone-Diller combination is regarded as having the inside track. Mr. Malone is a much bigger Vivendi shareholder than the Bronfmans. Mr. Diller has the right to veto major changes in the entertainment arm, one of his demands when he folded his company's cable, TV and movie assets into Vivendi Universal last year. And both have filed sizable lawsuits against the company that would likely have to be resolved as part of any deal.
This combination should definitely NOT be overlooked. While I'm not that familiar with Barry Diller's track record, I do know that John Malone is a very shrewd businessman. He has a knack for being in the "right place at the right time". The "other baggage". i.e., veto rights, lawsuits, etc. just strengthen their hand. It would not surprise me in the least to see Malone-Diller 'winning' the auction (and for less than has been bid so far).

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