Univision Sold For $13.7 Billion, Saban Gains Control

  • June 27, 2006
U.S. Spanish-language broadcasting giant Univision Communications has agreed to be sold to a consortium of private equity firms lead by Saban Capital Group for $36.25 per share in cash, valuing the deal at about $13.7 billion, including $1.4 billion in debt. The merger agreement has been approved by Univision's board but is subject to approval by Univision shareholders, regulatory authorities. The deal is expected to close in the Spring of 2007. Other investors in the group include: Madison Dearborn Partners, Providence Equity Partners, Texas Pacific Group, and Thomas H. Lee Partners.
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