This post was originally published at music3point0.com
Universal Music’s parent company Vivendi recently put a public price tag of $22 billion on the company, which seems odd since it hasn’t valued this asset before. In fact, the only good reason to do so is if Vivendi either wants to sell all or part of Universal or to take the company public to reap some cash. Needless to say, the rumor mill is running rampant as a result.
One rumor has it that Vivendi is willing to sell up to 15% of the Universal Music, since many potential suitors seem to be flush with cash.