Telefonica Bids $9 Billion for Vivendi Brazil Unit

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Aug. 5 (Bloomberg) -- Telefonica SA offered to buy Vivendi SA’s Brazilian Internet-provider unit GVT for 6.7 billion euros ($9 billion) to expand in a growth market and address antitrust concerns in the country. Manus Cranny, Caroline Hyde and Mark Barton report on Bloomberg Television's "Countdown." (Source: Bloomberg)

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