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Univision Drops IPO Effort, Replaces CFO

by TVNewsCheck

Univision Communications is canceling a long-in-the works plan for an initial public offering, and it has replaced CFO Francisco Lopez-Balboa, a former Goldman Sachs banker who was hired three years ago to help the Spanish-language broadcaster with its IPO. He’s been replaced by Peter Lori who has been a deputy under Lopez-Balboa.