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Univision owners preparing exit plan
Univision owners preparing exit plan

Univision Communications' owners are looking for an exit. Seven years ago, Los Angeles billionaire Haim Saban and four private equity firms spent $13.7 billion to acquire Univision, the nation's dominant Spanish-language media company. They figured they could make a huge profit because of the growing presence of Latinos in the U.S. Now, Saban and the private equity firms are preparing to find out just how much money they might make. The group plans to sell its stakes in Univision within the next year, hoping to get as much as $20 billion for the company, according to people familiar with the group’s strategy but who are not authorized to discuss the matter publicly. ...