Cable tycoon Patrick Drahi’s Altice SA, which is in exclusive talks to buy Vivendi SA’s SFR phone unit, has no plan to sweeten its offer even after rival bidder Bouygues SA did, according to a person familiar with the matter.
British Sky Broadcasting Group Plc would be a tempting target for Vodafone Group Plc or Telefonica SA -- if billionaire Rupert Murdoch is ready to give up his stake in the U.K.’s biggest pay-TV provider.
Rupert Murdoch said last week he regretted the 1994 initial public offering of British Sky Broadcasting Group Plc, which reduced News Corp.’s control. Now its remaining 39 percent holding in the U.K.’s biggest pay-TV company may be slipping further from his grasp.
Activision Blizzard Inc., the video- game company put on the block by majority shareholder Vivendi SA, gave Co-Chairman Brian Kelly a new contract that pays him a bonus of $15 million or more if the company gets bought.
For potential bidders circling EMI Group Ltd., the takeover of Warner Music Group Corp. may have doubled the price tag for the money-losing music label that was seized by its creditor just six months ago.