Vivendi is taking steps to widen its legal battle against Mediaset beyond Italy,...
) beyond Italy, in a move that indicates the French media group has not liquidated its stake in the Italian broadcaster, two sources close to the matter said.
A deadline expired at midnight on Saturday for Vivendi to exercise the right to liquidate its stake in Mediaset in light of a corporate overhaul that will see the Italian broadcaster merge its domestic and Spanish businesses under a Dutch holding company. However, the plan to broaden the legal front by filing suits against Mediaset also in Spain and the Netherlands indicates Vivendi has chosen not to sell the stake and instead opted for sticking with a court battle, the sources said.
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