(Reporting by Giulia Segreti

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Canada Goose Jackets MILAN, June 28 (Reuters) Italy Mediaset buy canada goose jacket approved a share buyback programme on Wednesday which will Canada Goose Parka allow canada goose clearance sale the Italian broadcaster to shield itself from any hostile canada goose store takeover as a canada goose coats dispute with France Vivendi simmers. Canada Goose Jackets

buy canada goose jacket cheap Mediaset is controlled by the family of former prime minister canadian goose jacket Silvio Berlusconi with Canada Goose Coats On Sale a 39.53 percent stake, but media giant Vivendi became its second largest shareholder in December, after swiftly building a 28.8 percent position. buy canada goose jacket cheap

Canada Goose Outlet The stake Canada Goose sale building deepened the canada goose uk shop rift between the two groups, already involved in Canada Goose Outlet a legal battle after Vivendi pulled out of an 800 million euro ($857 million) contract last July that would have given it full control of Mediaset pay TV unit. Canada Goose Outlet

Though Vivendi claimed the stake building was not intended canada goose uk black friday as hostile but rather a sign of long term interest, the move infuriated the Berlusconi family and the company said it risked paralysing Canada Goose Online operations.

Canada Goose sale more than just a company dispute, we are facing an attempted hostile takeover that would damage a national champion crucial in the television sector, said Mediaset chairman canada goose coats on sale Fedele Confalonieri speaking at the start of the annual meeting. Canada Goose sale

cheap Canada Goose With the approval of the buyback programme Mediaset, which currently scrubsuniforms.ca holds 3.79 percent of its own shares, will be able to buy up to canada goose 10 percent of the company shares, tightening the grip Canada Goose online of Berlusconi family on the group. cheap Canada Goose

Canada Goose Parka But its structure means it will not force Mediaset large shareholders including Berlusconi holding Fininvest to launch a mandatory bid for the group should their stake surpass the allowed canada goose black friday sale legal threshold as result of the buyback. Canada Goose Parka

canada goose coats on sale Mediaset Chief Executive Pier Silvio Berlusconi said to date Fininvest had no reason to increase its stake. canada goose coats on sale

canada goose VIVENDI STAYS AWAY Vivendi, headed by French businessman Vincent Bollore, chose not to attend the annual meeting, forfeiting its right to vote. canada goose

A buy canada goose jacket cheap spokesperson for the company declined to comment when asked about the reasons but a person close to the matter said the French media group had preferred not to go to avoid at a delicate moment

canada goose deals The approval of the buyback programme is also seen as a move canada goose factory sale by Mediaset to partially offset any future sale of shares by Vivendi. canada goose deals

canada goose coats While waiting for the outcome of cheap Canada Goose an appeal it filed against the regulator decision, Vivendi is expected to freeze its voting Canada Goose Jackets rights canada goose clearance in the Italian broadcaster at just below 10 percent, a source said earlier this month. canada goose coats

buy canada goose jacket Confalonieri told shareholders the group had filed a new claim against Vivendi on June 8, alleging contract violation, unfair competition and breaking TV pluralism uk canada goose outlet laws. buy canada goose jacket

canada goose black friday sale first filing was linked to the failed pay TV deal, this second one is a consequence of uk canada goose everything that came afterwards., canada goose uk outlet said Pier Silvio Berlusconi referring to Vivendi later stakebuilding and Canada Goose Outlet jacket the regulator decision. canada goose black friday sale

Canada Goose online The new accusations are expected to flow into the existing case, a source with knowledge of the matter cheap canada goose uk told Reuters. Canada Goose online

canada goose clearance you want peace, prepare for war, Confalonieri told reporters, citing a Latin proverb. (Reporting by Giulia Segreti, additional reporting by Gwenaelle Barzic in Paris, editing by Stephen Jewkes) canada goose clearance.