• Ad Age, Friday, July 7, 2006 11:45 AM

"Continuing a long history of acrimonious relations, Univision Communications and Grupo Televisa are sniping at each other over the sale of Univision and the future of Grupo Televisa," reports Laurel Wentz in Ad Age. Univision, the biggest Spanish-language U.S. media group, recently accepted a buyout offer for about $13.7 billion from a private investment group. Televisa was a bidder, and is still angry at Univision's acceptance of the rival bid, as it expected negotiations to continue. While Televisa told federal regulators that it is ready to dump its roughly 11 percent stake in Univision at the asking price, it also warned that it may pursue its own strategy for the U.S. Hispanic market.

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