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S shares were down 8 cents to close at $23 The deal passed quickly through the European Commission's antitrust unit because "it has only a limited impact in Europe," the EU said The new company's assets include the NBC Television network; cable networks - USA Network, Sci-fi Channel, CNBC, MSNBC, Bravo, Trio; Universal Pictures; Universal Television; stakes in five theme parks; and Spanish-language television broadcaster Telemundo With $13 billion in annual revenues, the combined NBC Universal will still be smaller than the largest media conglomerates like AOL Time Warner Inc regulators 89, while Vivendi's U S The proposed transaction is still being reviewed by U 's NBC division Under the deal reached in October, NBC will own 80 percent of the new company, while Vivendi the remaining 20 percent entertainment assets by General Electric Co The EU Commission used its simplified antitrust procedure which clears mergers or acquisitions after one month if no objections are raised by third parties 8 billion in cash and is assuming $1 " In trading on the New York Stock Exchange, GE shares were up 4 cents to close at $30 7 billion of Vivendi's debt in the deal 88 Cory Shields, a spokesman for NBC, said the two sides continue to work with the U NBC is paying Vivendi $3 Federal Trade Commission and expect to close the deal "as early as possible in the first half of 2004 S with $25 billion EU Regulators Clear NBC-Vivendi Deal Dec 19, 4:25 PM EST European Union regulators on Friday approved the acquisition of Vivendi Universal SA's U S The deal will allow cash-strapped Vivendi to complete its $20 billion asset disposal program by the end of next year and reduce the company's heavy debt load to under $5 billion , which had revenues of $41 billion last year, or Walt Disney Co , the chain's corporate owner "I like his lifestyle but not his music " Buffett's representatives in Los Angeles did not immediately return calls Thursday from The Associated Press He had already begun salting the country with his Margaritaville Cafes, which prompted a trademark dispute with a Hockessin, Del In August 2002, Buffett launched his own chain of Cheeseburger in Paradise restaurants Lawyers for singer Jimmy Buffett gave a tiny roadside grill called Cheeseburgers 'n Paradise a choice: change the name or face a trademark-violation lawsuit Buffett Makes Burger Eatery Change Name Apr 9, 8:03 AM EST Paradise isn't lost but the cheeseburgers are gone Hoffman and his wife, Faye, opened their sandwich shop 10 years ago So, owner Frenis Hoffman renamed the place Beef 'n Buns 'n Paradise this week, at least the second restaurant in two months to change its moniker under pressure from Buffett's lawyers Mark Chew changed the name of the outdoor bar at his restaurant, Samantha's, from Margaritaville Patio to Samantha's Patio after Buffett filed a lawsuit claiming the old name violated the trademark on Buffett-connected properties in Jamaica, Mexico, Las Vegas, New Orleans and Key West and Orlando, Fla That chain was started by Edna Bayliff and Laren Gardner in Lahaina, Hawaii, in 1989, before Buffett went into food service, according to Michael Conti, chief operating officer of Cheeseburger Restaurants Inc There are two sets of Cheeseburger in Paradise restaurants â€â€? one connected to Buffett and another with outlets in Hawaii, Mexico and Japan owned by a group that settled with Buffett after a four-year legal battle , restaurateur in February Lawyers for the famously laid-back singer accused the Hoffmans of using the name to ride on the coattails of Buffett's 1978 hit, "Cheeseburger in Paradise," Hoffman said "I don't even care for his music," Hoffman said "I'm feeling like a guppy in a tankful of sharks," Hoffman told The Frederick News-Post for a story published Thursday Chew estimated it would cost him $12,000 to change the wording of his menus, signs and advertising â€â€? but he said he probably got about $20,000 worth of free publicity from the dispute |
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