Grupo Televisa Announces Filing of an Amended Form 13-D With Respect to Univision
12 Maio 2006 - 5:45PM
PR Newswire (US)
NEW YORK and MEXICO CITY, May 12 /PRNewswire-FirstCall/ -- Grupo
Televisa, S.A. ("Televisa"; NYSE: TV; BMV: TLEVISA CPO) announced
today that it has filed an amendment to its Form 13-D with the U.S.
Securities and Exchange Commission with respect to its holding in
Univision Communications Inc. ("the Issuer"; NYSE: UVN). The filing
states, among other things, that: "The board of directors of
Televisa held a meeting on April 27, 2006 and authorized Emilio
Azcarraga, Chairman of the Board, President and Chief Executive
Officer of Televisa, and Alfonso de Angoitia, Executive Vice
President of Televisa, in their judgment to enter into a group with
others and to make a plan or proposal for a transaction with the
Issuer which, if successful, would involve an increase in
Televisa's minority shareholding of the Issuer. By announcing this
action by the Televisa board, it should not be understood that
Televisa is undertaking an obligation to report on each step of a
potential transaction. Televisa, pursuant to such authority, and
Bain Capital Partners, LLC, Blackstone Management Associates V,
LLC, Carlyle Investment Management, L.L.C., Cascade Investment,
L.L.C., and Kohlberg Kravis Roberts & Co. L.P. have decided to
work together for the purpose of making such a plan or proposal."
Grupo Televisa, S.A., is the largest media company in the
Spanish-speaking world and a major participant in the international
entertainment business. It has interests in television production
and broadcasting, production of pay television networks,
international distribution of television programming,
direct-to-home satellite services, publishing and publishing
distribution, cable television, radio production and broadcasting,
professional sports and live entertainment, feature film production
and distribution, and the operation of a horizontal internet
portal. Grupo Televisa also owns an unconsolidated equity stake in
Univision, the leading Spanish-language media company in the United
States, and in La Sexta, a free-to-air television venture in Spain.
Televisa Investor Relations Contacts: Media Relations Contacts:
Michel Boyance / Alejandro Eguiluz Lin Wu/Jeremy Fielding/Scott
Hynes Tel: +52 (55) 5261-2445 Kekst and Company Fax: +52 (55)
5261-2494 Tel: +1 (212) 521-4800 DATASOURCE: Grupo Televisa, S.A.
CONTACT: Televisa Investor Relations - Michel Boyance, or Alejandro
Eguiluz, +52-55-5261-2445, Fax: +52-55-5261-2494, ; Media Relations
- Lin Wu, Jeremy Fielding, or Scott Hynes, all of Kekst and
Company, +1-212-521-4800
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