Filed Under: [ Hispanic News ] [ Media ]
Tags: Entravision, Univision
Knowledge is Power!
“Univision Communications has announced that Entravision Communications has agreed to repurchase 7 million shares of common stock in the Spanish language broadcasting company. The stocks come to a total value of approximately $51.1 million, and the transaction is slated to close this Thursday, March 2.
As part of Univision’s acquisition of Hispanic Broadcasting Company in 2003, the company agreed to reduce its ownership stake in Entravision down to 15 percent by March 26, 2006. The buyback of stocks accomplishes this goal.”
FUENTE TRANDUCIDO: Usando Google o Altavista/Babel Fish
Please note some (many) sites require registration. Many times it is free.
Stumble it! |
|
Other posts that may interest you
Televisa in Talks with Rival Univision Bidder
Univision: Televisa stake sale won't hurt programs
Entravision Communications Corporation to Present at SMH Capital Markets Investors Growth Conference
Entravision Radio to Broadcast Top-Rated Eddie 'Piolin' Sotelo on Eight of Its Radio Stations
Televisa to Sell Univision Stake
Televisa to sell Univision shares
Entravision Communications has signed a deal to buy KREN in Reno for $4 million
