Univision is in exclusive talks to be sold to an investor group led by former Viacom executive Wade Davis, people familiar with the matter say
Univision Communications Inc. is in exclusive sale talks with a bidding group that includes former Viacom Chief Financial Officer Wade Davis and Searchlight Capital Partners, according to people familiar with the matter.
The Spanish-language broadcaster has been running a sales process for months and the development is a sign it may finally be drawing to a close. There is no guarantee the parties will ultimately agree on a deal though. Univision and its backers, which bought the company in a leveraged buyout years ago, have...
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