vincent bollore looks a the a stake in vivendi and havas through his family's company. havas is run by his son, janik. so they want to offer up some money, 9.25 euros per share, an 8% premium over the wednesday closing price for havas and totalling the business at 3.9 billion euros. it will equate to a deal about 2.4 billion euros. still havas will retain its listed entity. there's still room for public investors to get involved. i mentioned about the defensive move. if you look at the revenue for vivendi it's been a challenging time in a sense. it's had slow growth areas of the business. the pay tv, television business in france, but strong growth through the record business through universal music group, umg. adding havas should inject more growth into the business for investors to get ahold of short-term. there are impressive pressures under the media landscape, bringing it under one helm would be useful. if you noticed the vivendi moves on some italian names, mediaset for instance, you've seen enormous moves by bollore to get ahold of this business. if he can raise