Univision takes $12.3 billion bid
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Univision Communications Inc. said on  Tuesday it accepted a &#36;12.3 billion cash buyout by an investor  group including media mogul Haim Saban, edging out Mexico&#039;s  Televisa in a tense cross-border auction for the No. 1 U.S.  Hispanic broadcaster.
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Alcatel has signed a preliminary   agreement to buy Nortel's third generation UMTS cell phone   network unit for $320 million, aiming to achieve greater scale   amid cut-throat price competition.
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Concrete maker RMC is set to be bought by Mexican rival Cemex in a deal valuing it at around Â£2.3 billion, it was announced today.
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German energy giant E.ON has raised its takeover offer for Spain's Endesa electricity firm to 35 euros (44.7 dollars) per share from 25.4 euros (32.5 dollars) offered in February, the company said in a statement.
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The offer is the third this year for major casino operators as executives move to take their businesses private with the help of private equity financing.
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The FCC is expected to slap U.S. Hispanic network Univision with a record $24 million fine that will allow the broadcaster to proceed with a $12 billion private equity buyout, the New York Times reported on Saturday.
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Mexico's wireless giant offers value and growth.
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Univision Communications Inc., the  largest U.S. Spanish-language broadcaster, has agreed to sell  the company to a group of private equity firms and media mogul  Haim Saban for &#36;12.3 billion, a person familiar with the  situation said on Tuesday.
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Bidding hit $6.1 billion in the federal governmentâs auction of wireless spectrum. Two bidders appear to be bidding for the most valuable national license.
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Advertising giant WPP is to buy US firm Grey Global, in a deal which could be worth as much as Â£750m ($1.3bn). The UK-based group won the auction for Grey Global, the seventh-largest advertiser in the US, against
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French advertising group Havas said last night it would bid for US rival Grey Global, joining expected bids from the UK&#39;s WPP and an American buyout firm.
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British television broadcaster ITV is looking to sell a range of &quot;noncore&quot; assets, including its $126 million, or 12.3 per cent, stake in Australia&#39;s Seven Network.
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NEW YORK  - Rupert Murdoch's News Corp. Ltd. willsell its stake in Sky Latin America to DirecTV Group, anothercompany which it controls, for $579 million in order toconsolidate operations of the two satellite broadcasters, thecompanies said on Monday.
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NEW YORK  - Rupert Murdoch's News Corp. Ltd. will sell its stake in Sky Latin America to DirecTVGroup , another company which it controls, for $579million in order to consolidate operations of the two satellitebroadcasters, the companies said on Monday.
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Mexico&#39;s Cemex, the world&#39;s third-largest cement maker, is to buy RMC Group for around 2.3 billion pounds in cash. RMC RMC.
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The FCC is expected to slap U.S.  Hispanic network Univision with a record $24 million fine that  will allow the broadcaster to proceed with a $12 billion  private equity buyout, the New York Times reported on Saturday.
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Univision Online, Inc., a subsidiary of Univision Communications Inc. (NYSE:UVN), announced today that according to a study conducted by Simmons Research, an Experian Company, Univision.com is the most visited Spanish-language website among Hispanic Internet users.