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Mediaset, Vivendi deal “still not there”

Negotiations continue over MediaForEurope plans

Mediaset and Vivendi are reportedly still gridlocked over negotiations on the day of the deadline set by the Milan court.

The three-year legal battle concerns Mediaset’s plans to create a pan-European TV company called MediaForEurope (MFE).

The Mediaset board has called a new meeting according to sources close to the matter, who said: “They’re still not there.”

One of the sources told Reuters the Mediaset board could give a conditional green light to a deal subject to conditions on Friday.