How can you keep pace with an accelerating marketing ecosystem? Join us at Brandweek Sept. 12–16 in Miami alongside leading CMOs, founders and change makers from Gatorade, Marriott, Alo Yoga, Campbell's, Uncommon James and more. Book now.
LOS ANGELES — Univision Communications Inc. received Federal Communications Commission approval to acquire USA Networks Inc.’s television-station group for $1.1 billion in cash.
The deal is expected to close this quarter, subject to other closing conditions. The Federal Trade Commission signed off on the acquisition earlier this month.
Under the deal announced in December, Spanish-language broadcaster Univision (UVN) will buy USA’s (USAI) 13 full-power stations and minority interests in four more stations.
INDEPENDENCE DAY SALE
Subscribe today!
APPLY PROMO CODE "JULY20" AT CHECK OUT FOR 20% OFF
Already a member? Sign in