Televisa to face a tougher contest in tussle for Univision

TELEVISA TO FACE A TOUGHER CONTENT IN TUSSLE FOR UNIVISION
[SOURCE: Financial Times, AUTHOR: James Politi]
Texas Pacific Group and Thomas H. Lee Partners, two private equity groups that had been considering a separate bid for Univision, have been joined by Madison Dearborn and Providence Equity Partners. The four-member consortium is expected to be a strong rival to Televisa as the auction for Univision enters its final stretch. Initial bids for the company are expected to be made in early June, with a deal expected later in the summer. A sale of Univision could be worth as much as $12 billion.
http://news.ft.com/cms/s/0d4047e4-e44d-11da-8ced-0000779e2340.html
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