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Technology Stocks : Liberty Media Corporation - LMC.A and LMC.B

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To: mopgcw who wrote (45)	6/15/2003 8:08:28 PM
From: Glenn Petersen	of 61

Liberty eyes $12-14 bln bid for Vivendi arm -paper LONDON, June 15 (Reuters) - Liberty Media Corp. <L.N> is expected to finalise an offer for Vivendi Universal's <EAUG.PA> <V.N> entertainment assets within days, in a deal worth $12 billion to $14 billion, FT.com reported on Sunday. The report said Liberty Media Chairman John Malone met Vivendi's chief operating officer, Jean-Bernard Levy, last week to discuss the terms and structure of the deal. Liberty is expected to settle a bid for Vivendi's cable television assets, movie studios and theme parks in the coming days, FT.com added. Liberty and Vivendi could not be reached for comment. On Thursday, sources told Reuters that a group of private equity players had joined a consortium formed by Edgar Bronfman Jr. to bid for Vivendi's entertainment assets. Other suitors include oilman Marvin Davis, Viacom Inc. <VIAb.N> and Metro-Goldwyn-Mayer <MGM.N>. 06/15/03 18:52 ET Copyright 2003 Reuters Limited. All rights reserved. Republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. All active hyperlinks have been inserted by AOL.

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