Investopedia: Vivendi Needs Cooperation To Turn Around
There's only so much that any company can do on its own, particularly
when a major part of its restructuring plans revolve around selling
assets at fair prices. But that is the situation facing Vivendi (OTC:VIVEF)
today; while there is indeed ample capacity for the company to improve
internal operations and returns, it seems like a lot of value
realization rests on finding buyers for various parts of the business.
Although Vivendi does appear to be worth meaningfully more than today's
market value, investors should underestimate the time and work it may
take for that value to come to fruition.