The report comes out of Bloomberg News, which is citing the testimony of anonymous sources that the company is interest in selling its declining stock, which has fallen from around €19 to around €13 in the past year.
Since the publication of the story, however, Vivendi itself enjoyed a boost in stock price to €13.80.
Vivendi has downplayed the senior executive meeting, stating that it’s been a yearly practice since 2005, and that there’s no fixed agenda this year for the meeting.
Stay tuned.
