In news that could have been straight out of The Onion itself, Univision has purchased a stake in the satirical news outlet. Terms of the deal were not disclosed.
The top Spanish-language broadcaster in the U.S. has bought as much as a 40 percent stake in The Onion Inc., the parent company of The Onion, StarWipe, ClickHole and (real) pop culture site The A.V. Club, with the option to buy it outright. The company will continue to operate independently in Chicago.
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