Univision buys USA Broadcasting for $1.1bn
Leading US Hispanic broadcaster Univision Communications has bought USA Broadcasting, the television station group of USA Networks, for $1.1 billion in cash. The Spanish-language network has also assumed USA Broadcasting's liability of $100 million, according to USA Networks spokesperson, Adrienne Becker. USA Networks had acquired USA Broadcasting's 13 full power stations for $250 million when it bought Silver King Communications in 1995.According to Barry Diller, Chairman ...
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