Thursday, June 21, 2007

France's Bollore in no rush for big media deals

(Reuters) - CANNES, France, June 21 - French financier Vincent
Bollore said on Thursday he was in no rush to join the race to
snap up media assets amid a flurry of major deals in the online
advertising industry, but had the cash on hand if he needed to.




"When I see all our colleagues acquiring companies like in a
race, a rush, I wonder whether it is a good opportunity or not,"
Bollore said during a briefing with journalists near the Cannes
Lions advertising festival held annually at the seaside town.


Read more at Reuters.com Mergers News

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