TITLE

Televisa to bail from Univision

AUTHOR(S)
O'Boyle, Michael
PUB. DATE
October 2006
SOURCE
Daily Variety;10/11/2006, Vol. 293 Issue 8, p3
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the selling of Grupo Televisa SA's shares of stock of its partner Univision Communications Inc. in the U.S. According to Emilio Azcarraga, president of Grupo Televisa, the company would sell its 9.9% stake after a group of private equity firms won the bidding for the largest Spanish-language broadcaster. Moreover, the sales is expected to be given to shareholder and to fund Televisa's company's expansion.
ACCESSION #
22740105

 

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