Lady Gaga Could Save a French Tycoon’s Really Lousy Year - EcoFinBiz Blog

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Lady Gaga Could Save a French Tycoon’s Really Lousy Year

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(Bloomberg Businessweek) -- The past year has been unusually harsh for French billionaire Vincent Bolloré. The former chairman of media giant Vivendi SA was implicated in a bribery scandal in Africa, his electric car-sharing program in Paris shut down, and he’s losing a battle for control of Telecom Italia—the troubled carrier at the heart of his plan to create a southern European entertainment juggernaut. He faces a further potential blow at Vivendi’s annual meeting on April 15, where proxy advisory firms are recommending that shareholders reject a measure that would let Bolloré increase his control of the company.

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