CBS SAYS UNIVISION IS MUY EXPENSIVE

Posted on: March 30th, 2006
Filed Under: [ Business ] [ Hispanic News ] [ Media ]
Tags: ,

“CBS Corp. yesterday threw cold water on the idea that it was gearing up to bid for Spanish-language broadcaster Univision Communications Inc., saying it was very expensive.

“I think Univision is a great company but there are two major issues for us. One is valuation and the other is regulation,” CBS Chief Financial Officer Fred Reynolds said at a Bank of America investor conference.”

SOURCE: in English / Fuente en Ingles
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