Low-ball bid throws curve at Univision

De La Fuente, Anna Marie; Guider, Elizabeth
June 2006
Daily Variety;6/22/2006, Vol. 291 Issue 58, p1
Trade Publication
The article reports that a takeover bid by a consortium for Hispanic TV broadcaster Univision Communications Inc. has failed to materialize in the U.S. The consortium led by Televisa bid to acquire Univision for a deal below $11 billion. Haim Saban made an earlier deal at around $35 per share. Univision chairman A. Jerrold Perenchio had been hoping for as much as $14 billion for the takeover.


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