Andrew Ross Sorkin & Peter Edmonston report in the business section of today's The New York Times that, "A consortium of investors led by Grupo Televisa, Mexico's largest media company, is considering a plan to make a $13 billion bid for Univision Communications after losing an auction for the company this summer, executives involved in the negotiations said yesterday."
It's surprising given that the group led by media mogul Haim Saban appeared to have won the auction and was well on its way to Univision board approval only two weeks from today.
Click [here] to read the Times article.
- Adam
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