Seagram is holding merger negotiations with Vivendi and Cox Communications about creating one of the world's most-powerful media groups. Vivendi is thought to have found a buyer or merger partner for Seagram's international drinks business, which owns Chivas Regal, Martell and Captain Morgan. Potential partners include Allied Domecq, Bacardi or Brown Forman in the US.

The Sunday Telegraph 26/03/00 page B3 (Business)