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Vivendi Makes A Bid For Havas

Vivendi is making a bid to buy French advertising group Havas. "The Drum" reports that the close family ties between the two groups -- Vivendi's Chairman is the father of Havas Group's chief executive -- and a statement from Havas confirmed the bid, saying it could usher a "new phase of development" for Vivendi as "content, distribution and communications are converging."

Read the whole story at The Drum »

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