Vivendi Universal Closes On Acquisition Of MP3.Com
Vivendi Universal (Paris Bourse: EX FP; NYSE:V) announced that it successfully completed the acquisition of San Diego-based MP3.com, Inc. in a combined cash and stock transaction on August 28, 2001. MP3.com stockholders voted in favor of the merger transaction at a special meeting of stockholders held Monday, August 27, 2001. MP3.com was delisted from Nasdaq effective prior to opening for trading Tuesday, August 28. Of the more than 69 million shares outstanding, over 68 percent were voted. Of those voting, more than 99 percent voted in favor of the merger. The corporate offices of MP3.com will continue to be based… Read more »
