Univision Said Near Sale To Wade Davis

Feb 24, 2020 | Nabila Ahmen & Gery Smith | Add comment

Former Viacom Inc. CFO Wade Davis is finalizing an agreement to buy Univision Communications in a deal that could be announced as soon as Monday, according to people familiar with the matter. Davis and his backers at Searchlight Capital Partners are expected to contribute about $800 million for a controlling stake in the Spanish-language media giant. The transaction would value Univision at less than $10 billion including debt, the people said.

This article was originally posted on bloomberg.com

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Univision Said Near Sale To Wade Davis

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