Quote:
Originally Posted by DaneMcCloud
It had to be later than that because I was still there in 2003 when Viacom owned it.
Looks like it was sold in 2004 and has lost billions since being delisted by the New York Stock Exchange.
|
Once Viacom sold their interests the ineptitude of BBV's upper management was exposed. They ceased being proactive and instead reacted far too slowly to changes in the market. Their downfall was easy to see to anybody with access to the numbers.