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NEW YORK Spanish-language TV network Univision today said it has agreed to be acquired by a group of venture capital firms including Madison Dearborn Partners, Providence Equity Partners, Texas Pacific Group, Thomas H. Lee Partners and Saban Capital Group for approximately $13.7 billion, or about $36.25 per share.
Univision is the fifth-largest U.S. network, trailing ABC, CBS, NBC and Fox. The company’s other assets include a second TV network, TeleFutura, launched in 2002; cable network Galavision; as well as local TV and radio stations and a music company.
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