Liberty Global Univision bid?
January 23, 2020
Liberty Global’s investment arm is working with Hemisphere Media Group on a bid for Spanish-language media giant Univision Communications, according to Bloomberg.
“This is a small investment that Liberty Global Ventures is exploring,” commented Liberty Global spokesman Matt Beake.
Univision rejected a takeover offer in 2017 from Discovery that had valued the company at more than $13 billion, subsequently dropping plans for an IPO in 2018, and engaging financial advisers in July 2019 to review strategic options, including a sale.