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Univision owners trying to sell their stakes, but so far, nada
Univision owners trying to sell their stakes, but so far, nada

Univision Communications' owners are looking for an exit. Los Angeles billionaire Haim Saban and his four private equity partners are trying to unload their stakes in the nation's biggest Spanish-language broadcaster. The media giant is seen as a jewel on Wall Street because of the growing importance of Latinos in the U.S. market. The broadcast giant has been knocking on the doors of deep-pocketed buyers, including CBS Corp. and Time Warner Inc. So far, Univision hasn't gotten the nibbles its owners have been looking for. The reason: Potential buyers are balking at a $20-billion price tag for a company weighed down by $9 billion in debt. Analysts point out that...