Univision Sale Complete After FCC Grants Foreign Ownership Petition

Spanish-language media giant Univision has formally changed hands now that the FCC has granted the new owners’ petition regarding foreign ownership restrictions. Wade Davis, former chief financial officer of Viacom, has taken the reins as CEO, as expected. Davis’ ForgeLight investment banner and Searchlight Capital Partners led the acquisition of a majority stake in Univision […]
Variety

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