The Seagram Company (Canada)



Seagram
underwent several major transformations between 1995 and 2000 before its
final break-up. This
traditional drinks business reinvented itself as a global entertainment
giant, acquiring first Universal Studios and then Europe's leading music
group Polygram. But costs and losses spiralled and the group's share price
plummeted. After months spent wooing every one of the world's leading
media groups, Seagram finally sold out to the Gallic charm of France's
Vivendi in a $34bn deal which is one of the biggest ever transatlantic
buy-outs. The group's heritage liquor business was sold off, while the entertainment assets of Seagram and Vivendi
were
merged as Vivendi Universal. Click here for the Adbrands.net
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The Adbrands Company Profile of Seagram summarises the company's history.
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