TITLE

Meeting giving hope of unity over Univision

AUTHOR(S)
O'Boyle, Michael
PUB. DATE
July 2006
SOURCE
Daily Variety;7/14/2006, Vol. 292 Issue 8, p36
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the result of the meeting between executives of Grupo Televisa SA and the chairman of Providence Equity Partners Inc. as part of the reconciliation process over the acquisition of Univision Inc. in Mexico. The spokesperson from Televisa said that there will be no changes in the company's plan to sell its share in Univision and increase its stake in the U.S. market. This move is said to force CEO Haim Saban and its group to add an amount of $1.1 billion to buy the shares.
ACCESSION #
21587773

 

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