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home / news releases / TV - Spanish language Hemisphere Media gains on report of potential sale

TV - Spanish language Hemisphere Media gains on report of potential sale

Grupo Televisa S.A.
Hemisphere Media (HMTV) rose 6.8% on a report that the Hispanic TV and digital media company is exploring options, include a potential sale.Hemisphere is working with advisors on a possible sales, according a Reuters report.  A sale may attract strategic buyers and private equity firms.The report comes after Mexico's Grupo Televisa (TV) agreed to  merge its media, content and production assets with U.S.-based Univision, creating a new Spanish-language media company with plans to launch a global streaming platform.

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Spanish language Hemisphere Media gains on report of potential sale
Stock Information
Company Name: Grupo Televisa S.A.
Stock Symbol: TV
Market: NYSE
Website: televisa.com
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