Televisa Will Not Make Another Bid for Univision

MEXICO CITY, September 19:
Grupo Televisa has announced that it will not be making another bid for
Univision Communications, the Spanish-language broadcaster in the U.S.

Over the last week there
have been reports in the media that Televisa was considering putting in a $13
billion bid for Univision, which in June approved a $12.3-billion offer from
private equity firms Texas Pacific Group, Thomas H. Lee Partners, Madison
Dearborn Partners, Providence Equity Partners and Haim Saban.

Grupo Televisa is the
largest media company in the Spanish-speaking world.