French media megalith Vivendi is pausing its efforts to divest 50% of Universal Music Group. But why? The proposed sale of Universal Music Group has attracted interest from several potential buyers, including Alibaba, KKR & Co., SiriusXM/Pandora owner Liberty Media Corp., Apple, and Tencent. Bidding has been enhanced by rising valuations of UMG, with one […]
The post Vivendi Suspends Its Sale of Universal Music Group — Possibly Due to the 2008 Fire Fallout appeared first on Digital Music News.