The Wall Street Journal reports that Univision’s board approved the sale of the Spanish-language broadcaster to a consortium of private-equity investors for about $12.3 billion. The final price equates to $36.25 per share, less than the $40 share-price the company had originally sought. The accepted bid came from a group made up of Madison Dearborn Partners; Providence Equity Partners; Texas Pacific Group; Thomas H. Lee Partners; and media mogul Haim Saban.

http://online.wsj.com/article/SB115138436447591661.html
http://www.univision.com