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Seagram in Merger Talks With Vivendi, Canal Plus
Updated from 7:41 a.m. EDT
Paris-based Vivendi and its pay-television subsidiary, Canal Plus, are in talks to purchase entertainment and liquor giant Seagram (VO Quote).
Shares in Seagram rocketed 8 1/8, or 15%, to 61 1/8 in early trading Wednesday. ...
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