Spanish-language broadcaster Univision agreed to sell a majority stake to a bidding group that includes a former Viacom finance chief and the private-equity firm Searchlight Capital Partners
Univision Communications Inc. agreed to sell a majority stake to a bidding group that includes former Viacom finance chief Wade Davis and private-equity firm Searchlight Capital Partners, ending a long period of uncertainty over the fate of the Spanish-language broadcaster.
The bidding group paid about $526 million for the 64% stake in Univision, implying an equity valuation of about $821 million, according to people familiar with the matter. That represents a dramatic discount to Univision’s equity valuation of more than...
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Univision Sold To Two Investment Companies: Former Viacom Exec Wade Davis To BE CEOTwo financial firms are acquiring giant Spanish language broadcaster Univision. Searchlight Capital Partners, a global private investment firm, and ForgeLight, an operating and investment company f…
Les mer »
Exclusive: For the First Time Shari Redstone Tells Her Side Of The Battle To Merge Viacom And CBSRedstone, a lawyer by training, repeatedly declined to talk about many of the battle’s granular details, including her dealings with Les Moonves, with whom CBS is currently involved in arbitration.
Les mer »
Univision Sold To Two Investment Companies: Former Viacom Exec Wade Davis To BE CEOTwo financial firms are acquiring giant Spanish language broadcaster Univision. Searchlight Capital Partners, a global private investment firm, and ForgeLight, an operating and investment company f…
Les mer »
Ex-Facebook executive starts group to help employees push companies on climateFacebook's former sustainability chief has launched an organization to help...
Les mer »
Amazon’s Best-Selling Lip Scrub Is Only $10, and Shoppers Say It Rivals More Expensive BrandsIt’s made with real coconuts
Les mer »
Spanish-language media giant Univision sold as challenges loomWhile not the powerhouse it used to be, Spanish-language media giant Univision continues to reach an important demographic: Latinos.
Les mer »