TITLE

TEAM SWINGS GATES

AUTHOR(S)
O'Boyle, Michael
PUB. DATE
May 2006
SOURCE
Daily Variety;5/15/2006, Vol. 291 Issue 31, p6
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on the entry of billionaire Bill Gates to join the bid of Mexican media conglomerate Televisa and a group of private equity firms on U.S. Hispanic television network Univision Communications Inc. The Mexican company contended that in a filing with U.S. regulators that Gates' Cascade Investment was among those joining the bid. Univision is in a growth market wherein Hispanics are expected to represent nearly a quarter of the U.S. population by 2020. Through investment firm Cascade Investment LLC and his Bill & Melinda Gates Foundation, Gates bought 7% stake in Televisa.
ACCESSION #
20902155

 

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