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France - Vivendi, Canal Plus complete Canal Plus France merger.
(From Telecompaper Europe)
Vivendi and Canal Plus group have concluded the merger of the pay TV operations of TPS and Canal Plus into the new company Canal Plus France. TF1 and M6 brought TPS in return for 9.9 percent and 5.1 percent, respectively, of Canal Plus France. Lagardere contributed its 34 percent stake in Canalsat and made a cash payment for 20 percent of …
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