TITLE

Univision has rules for sale

AUTHOR(S)
de la Fuente, Anna Marie
PUB. DATE
July 2006
SOURCE
Daily Variety;7/26/2006, Vol. 292 Issue 16, p29
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on Univision's stipulated conditions for its $13.7 million sale to a consortium composed of Dearborn Partners, Providence Equity Partners, Texas Pacific Group, Thomas H. Lee Partners and Saban Capital Group. According to the deal, the consortium is required to pay a $300 million fee if its fails to meet the financing requirements. However, Univision is also required to pay $300 million to the consortium if the deal is terminated under certain circumstances.
ACCESSION #
21788916

 

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