Univision CEO Vince Sadusky Pitches “One-Time” Chance To Acquire The Company

  • 📰 DEADLINE
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 63%

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

In offering Wall Street analysts an update on Univision’s strategic review process Wednesday, Univision CEO Vince Sadusky recalled his executive tenure at Telemundo. The review, initiated in …

, could result in a sale of the privately held Hispanic media giant, though other options are being considered.

Sadusky said the strategic review was not prompted by outside interest being expressed. “It really was triggered by the progress we’d made in transforming Univision and the recognition of the historic growth opportunity in Hispanic media,” he said. “It was a matter of changing our strategic focus and getting our company in a position where we are attractive,” Sadusky said.

Univision said it reduced debt by $68.5 million in the first six months of 2019, but the leveraged-buyout nature of the 2007 deal, as well as other strategic decisions since, still left $7.4 billion of debt on the books as of the end of 2018.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.

KinjaDeals Is there a special Kinja Deals code? I’ve had my eyes on a media conglomerate for a while, but the price has to be right.

KinjaDeals All the best deals

KinjaDeals Odd thing for KinjaDeals to tweet out.

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 109. in PT

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Napkin Finance CEO Tina Hay wants you to wrap your mind around moneyNapkin Finance CEO Tina Hay wants you to wrap your mind around money investinyou (In partnership with acorns.)
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »