Modus vivendi Modus vivendi Modus vivendi is a Latin phrase that means "mode of living" or “way of life”. It often is used to mean an arrangement or agreement that allows conflicting parties to coexist in peace. In science it is used to describe lifestyles. "Modus" means "mode", "way", "method", or "manner". "Vivendi" means "of living". The phrase is often used to describe informal and temporary arrangements in political affairs. For example, if two sides reach a "modus vivendi" regarding disputed territories, despite political, historical or cultural incompatibilities, an accommodation of their respective differences is established for the sake of contingency. In
Vivendi company then began reorganizing to stave off bankruptcy, announcing a strategy to sell non-strategic assets. Its largest single shareholder was the family of Edgar Bronfman Jr., who was head of Seagram at the time of the merger. Vivendi sold its stake in Vizzavi to Vodafone, with the exception of Vizzavi France. It also sold 20.4% of Vivendi Environnement's capital to a group of investors, and its stake in North American satellite operator EchoStar Communications Corporation. It also sold Houghton Mifflin to Thomas H Lee, Blackstone and Bain consortium for US$1.66 billion. Also in 2002, Vivendi Universal sold the Belgian and