Univision Now Plans Fall IPO

By on Aug, 1 2016 with Comments 0

Univision Communications, Inc.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.

 

About The Author: Leslie Stimson has been a reporter for 35+ years, starting in radio news. She’s spent the last 20 years reporting for radio trades.

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