The tax man may put le kibosh on any plans to dismantle Vivendi, writes Dow Jones. A break-up looks "enticing" on paper, and would "be the logical conclusion to the dramatic restructuring of the
company that chairman Jean-Rene Fourtou began in the wake of Jean-Marie Messier's megalomania but which has perhaps stopped halfway." However, Vivendi benefits enormously from French tax laws, in part
for creating jobs in France, and "a break-up would put all that in jeopardy."
Read the whole story at Dow Jones Newswires via TheBusinessOnline.com »
