MILAN: Italy's biggest commercial broadcaster Mediaset has called a shareholder meeting on Friday over governance tweaks needed to ease a pan-European expansion plan which its second-largest investor Vivendi is fighting in court.
To increase the chances the Milan judge will rule in its favor, Mediaset called an extraordinary shareholder meeting for Jan. 10 to approve changes to the bylaws of MFE suggested by the court. Vivendi and Mediaset have been at odds since the French conglomerate withdrew from a deal to buy Mediaset's pay-TV unit and then built up a 29per cent stake in the group, which the Italian broadcaster considers hostile.
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