Grupo Televisa Issues Statement Regarding Univision Board Action

Posted on: June 27th, 2006
Filed Under: [ Business ] [ Hispanic News ] [ Media ] [ Press Releases ]
Tags: ,
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“Grupo Televisa, S.A. (”Televisa”; NYSE: TV; BMV: TLEVISA CPO) is disappointed about the outcome of the Univision auction. Notwithstanding our repeated offers to discuss all aspects of our proposal including price, Univision and its advisers refused to enter into any discussions with us after we submitted our initial bid. Given this action by Univision’s board, Televisa has a number of alternatives it is considering.
Moreover, Televisa will vigorously pursue its options to build its potential in the growing U.S. Hispanic marketplace.”

SOURCE: in English / Fuente en Ingles
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