Word: vivendi
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...delivering the news. They thought of creating a left-leaning political website or a liberal alternative to Fox News. Ultimately, Gore and Hyatt assembled 21 investors who put up a reported $70 million with which they last year bought Newsworld International (NWI), an international news channel, from Vivendi. The fact that nearly all of them are also big Democratic contributors (including Sun Microsystems co-founder Bill Joy, MTV creator and former America Online exec Bob Pittman and Democratic Senator Dianne Feinstein's financier husband Richard Blum) has raised questions about whether they are investing in Gore's business plan...
...times as large, and several private-equity groups are poring over at least one transaction involving a telecommunications firm in Spain that is worth more than $12 billion. One reason Europe is attractive: such huge firms as electronics giant Siemens, automakers DaimlerChrysler and Fiat and the French media company Vivendi Universal have shed operations they deem no longer core to their fundamental business. Also, investors have been buying medium-size companies whose family owners are looking to sell. Once the Americans take over, they move fast, prodding the firms to make their operations leaner and frequently reshuffling management. The worse...
...trying. At the final press conference before the election, almost jolly in his role as heir apparent, Brown deviated from his prepared text to soften rousing attacks on the privileged into gentler critiques of their privileges. Says a Blair ally: "If they can reach a grand modus vivendi, Tony will be delighted." That would be some relief, after an election in which the prime-ministerial nose was comprehensively bloodied...
...Prussia and Otto von Bismarck, the "Iron Chancellor," have been restored to grace in East German schoolbooks. In 1983, East Germany celebrated the 500th anniversary of the birth of Martin Luther, who is now described as "an initiator of a great revolutionary movement." The celebration underlined Honecker's modus vivendi with East Germany's Protestant churches, which have cautiously criticized the stationing of Soviet and U.S. nuclear missiles in Europe. Ultimately, however, the Euromissile issue led to a major setback for Honecker: the cancellation under pressure from Moscow of a three-day visit to West Germany scheduled for last September...
...accompanying article were incorrect. TIME implied that I left Thielen with debts of $3.5 billion. At the end of my tenure as Bertelsmann's CEO, its debt was $334 million, the lowest of all big media corporations that I know of. Companies like Time Warner, Disney and Vivendi Universal are paying this as annual interest. TIME implied that I left "a slew of dubious new assets." The truth is that all the acquisitions under my leadership delivered the originally budgeted returns and Bertelsmann faced no write-off. You also wrote that Bertelsmann owner Reinhard Mohn "was so upset by Middelhoff...