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UPDATE 1-Televisa wins injunction over Disney purchase of Fox assets in Mexico [Yahoo! Finance News]

Grupo Televisa S.A.B. (TV) 
US:NYSE Investor Relations: televisair.com
UPDATE 1-Televisa wins injunction over Disney purchase of Fox assets in Mexico ds statement from Televisa, IFT and Disney, background on deal, paragraphs 2-7) By Julia Love MEXICO CITY, Dec 5 Reuters) - Mexican broadcaster Grupo Televisa has won a federal injunction against Walt Disney Co's acquisition of Twenty-First Century Fox Inc's assets in Mexico, a Televisa representative said on Thursday, a move that could at least temporarily stall the deal. "We are very pleased that the federal judiciary has ordered a full review of the merger in light of the arguments we presented almost a year ago," Televisa said in a statement to Reuters. Disney closed its $71 billion purchase of Fox's film and television assets in March, marking one of the largest media deals in recent history after Disney won a bidding war last year against cable company Comcast Corp. In Mexico, the Federal Telecommunications Institute IFT) had approved the acquisition but imposed certain conditions, including the sale Show less Read more
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