The courtship continues: After unsuccessfully bidding to buy Univision in 2007, Mexico’s Grupo Televisa has now acquired a 5% stake — and the option to buy up to 40% — in the New York-based Spanish-language broadcaster for $1.2 billion.
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Grupo Televisa Buys $1.2 Billion Stake in Univision originally appeared on DailyFinance on Tue, 05 Oct 2010 21:30:00.