Telecom Italia Said Preparing $9.4B Offer for GVT

Aug. 18 (Bloomberg) -- Bloomberg’s Caroline Hyde reports that Telecom Italia is said readying a $9.4 billion bid for Vivendi’s Brazilian GVT unit, in competition with a $6.7 billion bid made earlier this month by Telefonica. She speaks on “Countdown.”
AOL to Buy Millennial Media for About $250 Million
12:18 - AOL CEO and Chairman Tim Armstrong discusses the benefits of buying Millennial Media with Olivia Sterns on “Bloomberg Markets.” (Source: Bloomberg)
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