UPDATE 1-Televisa wins injunction over Disney purchase of Fox assets in Mexico [Yahoo! Finance News]
Grupo Televisa S.A.B. (TV)
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Source: Yahoo! Finance News
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
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News
- Grupo Televisa, S.A.B. (NYSE: TV) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Grupo Televisa, S.A.B. (NYSE: TV) had its price target lowered by analysts at The Goldman Sachs Group, Inc. from $2.90 to $2.50. They now have a "buy" rating on the stock.MarketBeat
- Grupo Televisa, S.A.B. (NYSE: TV) was downgraded by analysts at JPMorgan Chase & Co. from an "overweight" rating to a "neutral" rating.MarketBeat
- Grupo Televisa reports Q3 results [Seeking Alpha]Seeking Alpha
- Grupo Televisa, S.A.B. (NYSE: TV) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
TV
Sec Filings
- 10/30/24 - Form 6-K
- 10/29/24 - Form 6-K
- 10/25/24 - Form 6-K
- TV's page on the SEC website