VIVHY News and Press, Vivendi ADR From 07/01/21

Snap (NYSE: SNAP) recently signed a new licensing deal with Universal Music Group (OTC: VIVHY) , the world's largest record label, to add its songs to Snapchat's library of Sounds and AR Lenses. Snap previously partnered with UMG to promote its music videos and AR lenses...

Snap (SNAP) is up 2% premarket after setting a licensing deal with the world's largest record label group. The camera-forward social media company has a new pact with Universal Music Group (VIVHY), Bloomberg reports. The new deal spans recorded music and augmented reality experiences, the com...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips The results of soon to be released earnings reports for the major record labels loom. Some investors expect the share prices of these major music stocks — Warner Music Group (NASDAQ: WMG ); Sony Music Entertainme...

The much anticipated PSTH deal dropped. My initial review leads me to believe the market is going to take this announcement as a positive. The proposed deal likely has the most implications for the tontine warrant and consequently the common share price. For further details ...

Bryan Bedder/Getty Images Entertainment Many had eyed hedge fund billionaire Bill Ackman's special-purpose acquisition company since its launch last year as the SPAC rage reached record heights. Word of a deal finally came several weeks ago as Pershing Square Tontine Holdings (PSTH) announced...

Ruane, Cunniff, & Goldfarb’s 13F portfolio value increased from $9.38B to $10.63B this quarter. The number of positions decreased from 38 to 37. They added Micron Technology and Anthem, Inc. while reducing Mastercard, Visa, Berkshire Hathaway, Wayfair, and Arista Networks d...

J2R/iStock Editorial via Getty Images Videndi SE ADRs (VIVHY) rose to session highs, up 1%, after a report that activist Dan Loeb's Third Point accumulated a state in the French company. Third Point has held the position for several months and hasn't said its position on the company's pl...

In 2020, SPACs accounted for more than half of all deals made, in terms of dollar value, and SPACs are running well ahead of that pace in 2021. In sum, SPACs are as much a reflection of the times that we live in, as they are a potential solution to the going-public problem. In an ...

As it stands, the disclosed potential deal doesn't make a lot of sense. It seems like there's something missing that would explain why Ackman and Pershing Square would go to this length. It is also unclear to me why it took so long; the deal appears to have little downside to Vive...

PSTH recently announced its intention to purchase a 10% stake in Universal Music Group. Shares sold off following the announcement, and are just trading at a 10% premium above NAV at ~$22. Investors are discounting UMG and giving no value to the optionality of being exposed to Ack...