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Vivendi jumps to session highs on report of Third Point 'substantial' stake report; Ackman battle possible? (update)

Jun. 14, 2021 10:54 AM ETVivendi SE (VIVHY) Stock, PSTH StockVIVHY, PSTHBy: Joshua Fineman, SA News Editor6 Comments

Universal Music Group in Broadway, Manhattan, New York City, USA
J2R/iStock Editorial via Getty Images

  • Update 12:27pm: Updates shares, adds Pershing Square declining to comment, background on opposition.
  • Videndi SE ADRs (OTCPK:VIVHY) rose to session highs, up about 1%, after a report that activist Dan Loeb's Third Point

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