Univision investors endorse sale deal

Posted on: September 28th, 2006
Filed Under: [ Business ] [ Hispanic News ] [ Media ]
Tags: ,
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“Shareholders of the Spanish-language broadcaster Univision Communications Inc. voted yester day in favor of selling the company for $12.3 billion to an investor group that includes media mogul Haim Saban.

The deal, priced at $36.25 a share, was approved by more than 80 percent of the shares that voted, which in turn represented more than 60 percent of outstanding shares, Univision said.”

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