French court hears opening arguments in Bolloré/Vivendi break-up dispute

By Florence Loeve, Leo Marchandon and Gianluca Lo Nostro (Reuters) -France's highest civil court heard arguments on Tuesday in a legal dispute that could require the billionaire ​Bolloré family to buy out minority shareholders of Vivendi for several billions of euros. Vivendi's lawyer ‌Alain Benabent argued that the appeals court had "exceeded its powers", while Bolloré's lawyer argued that it had wrongly broadened ‌the interpretation of control beyond majority voting rights, urging the Cour de Cassation ...