Vivendi Ends 15-Year U.S. Lawsuit Over Big Merger, to Pay $26.4 Million
Vivendi SA (VIV.PA) said it agreed to pay $26.4 million to end nearly 15 years of U.S. litigation accusing the French media company of misleading shareholders about its finances in connection with a $46 billion three-way merger. Thursday’s accord resolved claims that Vivendi and officials including former Chief Executive Jean-Marie Messier made false or …