| BUSINESSWEEK ONLINE : JUNE 26, 2000 ISSUE | ||||||||
| ||||||||
| INTERNATIONAL -- EUROPEAN COVER STORY
Seagram's New Mix How Edgar Bronfman Jr. made the leap from liquor to entertainment 1993-94 BUYS 14.9% of Time Warner for $570 million 1995 BUYS MCA, owner of Universal Studios, for $5.7 billion SELLS 24.2% stake in DuPont for $8.8 billion 1997 SELLS half of Time Warner stake for $1.4 billion 1998 SELLS balance of Time Warner for $1.9 billion SELLS TV assets to Barry Diller for $1.3 billion and 45% ownership of USA Networks SELLS Tropicana for $3.3 billion. BUYS Polygram for $10.4 billion 2000 In negotiations to SELL Seagram to Vivendi DATA: BUSINESS WEEK _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ |
![]() RELATED ITEMS Deal Time at Seagram (int'l edition) EUROPEAN COVER IMAGE: Deal Time for Seagram TABLE: Seagram's New Mix TABLE: The House of Seagram Tapping into a Gold Mine at Seagram? (int'l edition) TABLE: Vivendi's Expanding Empire INTERACT E-Mail to Business Week Online | |||||||
|
Copyright 2000-2008, by The McGraw-Hill Companies Inc. All rights reserved.
Terms of Use Privacy Notice ![]() |