Grupo Televisa Buys $1.2 Billion Stake in Univision

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…

China Firm May Want a Stake in GM

The Treasury Department has said that the GM IPO would be open to investors from both inside and outside the U.S. One of the largest car companies in China, SAIC, had already expressed interest.
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