Vivendi Says It's Not Planning to Merge With Telecom Italia

  • French media company says it shares Telecom Italia strategy
  • Vivendi's request for board seats to be voted Dec. 15

Vivendi SA, the French media company with a $10-billion cash pile for acquisitions, isn’t planning to seek a merger with Telecom Italia SpA and shares the Italian phone operator’s strategy to boost its ultra-broadband network in the country.

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