TITLE

SABAN'S BIG OLE PLAY ...but bid bust ticks Televisa

AUTHOR(S)
Learmont, Michael; Goldsmith, Jill
PUB. DATE
June 2006
SOURCE
Daily Variety;6/28/2006, Vol. 291 Issue 62, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on the reaction of rejected bidder Televisa to the surprise acquisition of Univision Communications Inc. by a consortium including billionaire Haim Saban. Evidently, Televisa felt Univision's rejection of its bid was due to personal differences between the top executives at the two companies. After the deal hit the news, Televisa issued a statement in which it implied that Univision had not negotiated in good faith and that it may attempt to block the deal, or make good on its threat to launch its own Spanish language network in the U.S.
ACCESSION #
21442024

 

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