Scoot had already rejected an initial offer of 15p per share, which Vivendi made in April, saying it was "wholly inadequate".
At the time, press reports said that Vivendi was considering increasing its bid, but the talks have now come to a fruitless end.
Scoot said it is continuing with its strategic review, which it hopes to conclude in June. The company has less than £30m in the bank and analysts say it might have to break itself up and sell off non-core businesses in order to fund the ongoing businesses.
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