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Former oil tycoon Marvin Davis has threatened to withdraw his $20 billion bid for Vivendi's Universal entertainment assets if the company does not negotiate exclusively with him, a person familiar with the talks said.
THE economic recession of the 1980s was a vital turning point in Alex Leow's life. Hoping to make money in the insurance business, he had quit his job as a sales assistant with music equipment company Yamaha in 1984 to concentrate on selling policies.