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Univision, Televisa agree $4.8bn merger


Univision, Televisa agree $4.8bn merger
US Hispanic broadcaster Univision has bought the content and media assets of Mexican media company Televisa in a US$4.8bn deal through which the companies will merge to form Televisa-Univision.
Wade Davis
The deal comprises a transaction of US$3bn in cash, US$1.5bn in Univision equity and US$300m from other sources.
Televisa will be the largest shareholder in the new company, with a 45% stake. The deal is expected to be finalised later this year, although both parties have already signed it off.
Univision CEO Wade Davis will head the new company, with Televisa co-CEO Alfonso de Angoitia becoming executive chairman on the new board of directors.

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Televisa, Univision to Merge | Hollywood Reporter

Two of the biggest Spanish-language media companies in the world, Televisa and Univision, are planning to merge.

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Televisa, Univision to Merge | Hollywood Reporter

Televisa, Univision to Merge | Hollywood Reporter
hollywoodreporter.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hollywoodreporter.com Daily Mail and Mail on Sunday newspapers.

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