Last updated: February 21, 2008 - 4:02am
UNIVISION SHAREHOLDERS APPROVE $13.7 BILLION SALE
[SOURCE: MediaWeek, AUTHOR: John Consoli]
Univision shareholders have approved the acquisition of the company by an investor group that includes Madison Dearborn Partners, Providence Equity Partners, Texas Pacific Group, Thomas H. Lee Partners, and Saban Capital Group, for $36.25 per share in cash, or a total of $13.7 billion, including the assumption of a $1.4 billion debt. The merger agreement was approved today at a special meeting of company shareholders by more than 80 percent of the shares that voted.
http://www.mediaweek.com/mw/news/recent_display.jsp?vnu_content_id=1003187286
* Univision shareholders approve buyout
http://today.reuters.com/news/newsArticle.aspx?type=industryNews&storyID=2006-09-27T202220Z_01_N27416068_RTRIDST_0_INDUSTRY-MEDIA-UNIVISION-DC.XML
* Univision Deal Wins Approval Narrowly
http://www.latimes.com/business/printedition/la-fi-univision28sep28,1,5669825.story?coll=la-headlines-pe-business
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