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Univision's big week: Broadcaster drops Trump and files for IPO

Univision's big week: Broadcaster drops Trump and files for IPO

Spanish-language broadcasting company Univision Holdings Inc. filed plans Thursday to launch an initial public offering of its stock. The New York-based company said Thursday that it expects to raise up to $100 million in the offering. It did not say how many shares it will sell or how much they will cost. It expects the stock to trade on the New York Stock Exchange or on Nasdaq under the symbol "UVN." Last week, the Spanish-language media giant cut business ties with Donald Trump, saying the real estate mogul made "insulting remarks" about Mexican immigrants when he announced that he was running for president. On June 25, Univision said it would not air the Miss USA...

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