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NY Post

Report: Univision Pushing Back Date of Its Public Offering

Sep 26, 2016  •  Post A Comment

The upcoming public offering by Univision Communications, which had been expected to take place in 2016, now won’t be conducted this year, according to The New York Post.

“Univision’s board is said to have met last week and decided that market conditions aren’t ideal,” the story reports, citing “tipsters.”

The Post adds: “Univision is still waiting on a waiver from the Federal Communications Commission to allow a key shareholder, Mexican media giant Televisa, to increase its stake in the U.S.-based Spanish-language broadcaster from 10 percent to 40 percent.”

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