Comcast, Vivendi Universal Explore Partnership

  • August 18, 2003
Vivendi Universal and Comcast Corp. announced today plans to explore an alliance involving both companies cable channels, as well as Vivendi's extensive library of TV, film and music content that might be used to launch new channels and services. The announcement came in lieu of a Comcast bid to acquire Vivendi's entertainment assets and does not preclude other bids by other potential acquirers. As a deadline for bids approaches, General Electric's NBC unit is considered to be the lead bidder.
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