Bids for Univision crumble, Blackstone, KKR drop bid for Univision
Tagged: Univision“Two more private equity firms dropped out of the bidding for Univision, adding another twist to the lively auction for the Hispanic broadcaster a day after offers were due.
Blackstone Group and Kohlberg Kravis Roberts & Co. on Wednesday abandoned a bidding group vying for the company, a source familiar with the matter said, complicating the group’s pursuit of the company and putting pressure on the remaining members to cough up more money should they submit a formal offer.”
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Filed Under: 1. Hispanic News, Business, Media
