Univision beats deadline.Univision Communications Inc. is on track to meet federal antitrust Antitrust The antitrust laws apply to virtually all industries and to every level of business, including manufacturing, transportation, distribution, and marketing. They prohibit a variety of practices that restrain trade. requirements that it reduce its stake in Entravision Communications Corp., which owns the most Univision and Telefutura affiliates This is a list of affiliates for the American-based Spanish-language television network Telefutura. Station Channel City/TV Media Market Call Sign Meaning KAJB 54 KAMT-LP 50 KANG-CA 41 San ANGelo KBVO-CA 51 BeVO (University of Texas mascot) outside Univision itself. Santa Monica-based Entravision said it has bought back 7 million common shares held by Los Angeles-based Univision for $51.1 million, or $7.30 a share. Separately, Univision bought two Entravision radio stations and used Entravision stock to make that purchase. The two transactions have reduced Univision's stake in Entravision to less than 15 percent, the companies said in a statement. As part of its acquisition in 2003 of Hispanic Hispanic Multiculture A person of Mexican, Puerto Rican, Cuban, Central or South American, or other Spanish culture or origin, regardless of race Social medicine Any of 17 major Latino subcultures, concentrated in California, Texas, Chicago, Miam, NY, and elsewhere Broadcasting Corp., now known as Univision Radio Univision Radio is the radio division of media giant Univision. The company was formerly known as Hispanic Broadcasting Corporation. It is the eighth largest radio company in the United States, and it specializes in Spanish language radio formats. , Univision agreed to reduce its stake in Entravision to 15 percent by March 26. The company still has to further reduce its stake to 10 percent, but has until March 2011. |
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