Vivendi Delisted From U.S. Stock Markets

Despite the success of subsidiary Blizzard's World of Warcraft, Vivendi Universal has delisted itself from U.S. stockmarkets in an effort to cut costs. 1up reports: "Just because they're moving off the American stock market, however, doesn't mean Vivendi Universal won't seek, rely on or utilize US investors. 'Vivendi Universal intends to maintain and develop its business operations in the US, but wishes to reduce financial costs,' says the company's statement."

Comments

Stock no longer public?

[smbarbour]

Does this mean that their stock is no longer available to purchase publicly? If so, if they decide to relist, would that be a SPO (Second public offering)?

I hope they rely on US investors

[TheSkepticalOptimist]

Isn't NBC owned by Vivendi, at least partially. It would be pretty bad if a US television station no longer received investment from American sources.