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The European Commission sent a Statement of Objections to Vivendi, asserting a “preliminary view that the company breached the [EU] notification requirement and the ‘standstill obligation,'” suggesting that the French company may have breached EU merger rules by asserting control over aspects of Lagardere in 2023, before the commission gave approval to the proposed merger. The investigation was opened in July 2023. The EU’s approval process hinged on Vivendi selling their publishing and magazine businesses, including book publisher Editis, which the EC also had to approve. The Commission alleges that, before they approved Vivendi’s divestment of Editis, Vivendi was already …
Deal of the Day
Ali Garland and Anthony Garland's FAKE WEDDING, in which two broke frenemies hatch a plan to score some quick cash by getting fake engaged and throwing the most inconvenient, offensive wedding possible, hoping all their loved ones decline to attend and merely send checks, only to have them start RSVPing "yes," to Vikki Warner at Blackstone Publishing, in a pre-empt, by Noah Ballard and Emma Kapson at Verve Talent & Literary (world English). Film rights also to MGM/Amazon.
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publishers on a monthly basis, as well as a new digital audio upgrade, which reports sales from five publishers and
is the first available dataset for this fast-growing segment.
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