PARIS, April 2 (Reuters) - Billionaire businessman Vincent Bollore's holding company Bollore spent a further 568 million euros ($614 million) to raise its stake in French media group Vivendi as he gears up for a fight with activist shareholders.
U.S. hedge fund P. Schoenfeld Asset Management (PSAM) wants shareholders to back two resolutions at an April 17 annual meeting that would require Vivendi to boost returns to investors to 9 billion euros ($9.7 billion) after selling four of its six businesses.
21:31 Time Warner jumps after hours on report it could sell for $110 per share to AT&T1
18:04 US stocks hold higher after release of Fed's Beige Book; energy rises 2%
17:06 Harley-Davidson says laid off temp workers last quarter
12:45 Oasis Petroleum offers stock to raise funds for Bakken purchase