Univision Now Plans Fall IPO
Univision’s ever-moving IPO is now slated to happen this fall. First announced about a year ago, Univision is backed by Saban Media Group, Providence Equity, TPG and Thomas H. Lee Partners.
Now post-election are considered the right time, sources tell the New York Post. Morgan Stanley and Goldman Sachs are advising the broadcaster.
The petition to the FCC RBR+TVBR told you about yesterday to allow foreign investment over 25% indicates Univision is preparing, according to the Post.
The agency will answer the petition September 7.