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LOS ANGELES, Calif. — Spanish-language television network Univision Communications Inc. is moving into its last untapped Hispanic territory in the U.S., buying two TV stations and production facilities in Puerto Rico, Thursday’s Wall Street Journal reported.
The Hispanic broadcaster today is set to announce the acquisition of WLII/WSUR Inc. of San Juan, Puerto Rico, from Raycom Media Inc. of Montgomery, Ala. Financial terms weren’t disclosed.
The purchase gives Univision (UVN) stations WLII in San Juan and WSUR in Ponce, the island’s fourth-largest city, as well as local production facilities and an affiliate agreement with WORA in the smaller city of Mayaguez.
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