Goodwill for All

摘要

Investors are lukewarm about Vivendi's planned $34 billion acquisition of Seagram Co. Vivendi's shares have fallen 7% since the news leaked out, Seagram's stock trades at 26% below the offering price, and reporters stumble over themselves to chortle at Vivendi's star-crossed ambi- tions. "So Far, No Hollywood Ending," scoffed the Wall Street Journal.