Telecom Italia Delays Sale of Stake in Argentine Business | NYTimes.com

Telefónica has offered to pay about $9.8 billion for the business, including the option for Vivendi to exchange shares in the combined company for 5.7 percent of the share capital and 8.3 percent of the voting rights of Telecom Italia.

via Telecom Italia Delays Sale of Stake in Argentine Business – NYTimes.com.

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