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Mediaset rejects Vivendi's alternative offer for TV deal

Published Sun, Jul 31, 2016 · 09:50 PM
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Milan

MEDIASET SpA rejected an alternative proposal for an alliance with Vivendi SA, as a conflict that broke out suddenly this week between the two European media companies devolved into a full-on war of words. Mediaset fell to the lowest level since November 2014.

The Mediaset board, controlled by the family of former Italian prime minister Silvio Berlusconi, said in a statement on Thursday that it would seek to enforce the deal Vivendi agreed to in April…

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