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Then what?

15 Apr 2010 By Pierre Briancon

Lagardere, the French media group, wants to exercise a put option on its 20 pct stake in Vivendi’s Canal+. This could fetch up to 1.4 bln euros. But it won’t be enough to soothe activists’ complaints about the dismal record of eponymous chief executive Arnaud Lagardere.

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