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  "documentTitle": "Telecom Italia SpA (TIM) (TIT.MI)",
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      "text": "It's official: Vivendi is Vincent Bolloré's family fiefdom. Shareholders can come along for the ride, but they must accept the risk that the chairman -- and largest holder with a 14 percent stake -- puts his interests before theirs.",
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      "text": "\"Vivendi's hereditary chairmanship is a strange approach to corporate governance. The episode [anointing Yannick the next CEO of Vivendi] is pretty bizarre by usual corporate governance norms. But, when it comes to Vivendi, unsurprising...\"",
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      "text": "\"It's my legacy. I'm the seventh generation of Bolloré's, and I can't imagine a world where I don't pass the torch to my daughters one day.\"",
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      "text": "It's official: Vivendi is Vincent Bolloré's family fiefdom. Shareholders can come along for the ride, but they must accept the risk that the chairman -- and largest holder with a 14 percent stake -- puts his interests before theirs.",
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      "text": "\"It's my legacy. I'm the seventh generation of Bolloré's, and I can't imagine a world where I don't pass the torch to my daughters one day.\" — Yannick Bolloré, as reported by New York Times, October 26, 2015; \"It's official: Vivendi is Vincent Bolloré's family fiefdom. Shareholders can come along for the ride, but they must accept the risk that the chairman -- and largest holder with a 14 percent stake -- puts his interests before theirs.\" — Leila Abboud, Bloomberg, May 17, 2016; \"Vivendi's hereditary chairmanship is a strange approach to corporate governance. The episode [anointing Yannick the next CEO of Vivendi] is pretty bizarre by usual corporate governance norms. But, when it comes to Vivendi, unsurprising. Needless to say, Yannick was approved. The nomination committee is four strong, of whom three are Bolloré appointees (including Vincent himself). For years, Bolloré denied he was trying to build a media dynasty through his minority stake in Vivendi. Then last June, he admitted his aim was to place Yannick at the helm.\" — Alex Webb, Bloomberg, April 20, 2018",
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