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Univision says it’s exploring a sale after turning company around

July 3, 2019 by Veronica Villafañe

The Univision Board of Directors and the management team are exploring “strategic options,” including a sale, a year after CEO Vince Sadusky took over the reins of the company.

Since replacing CEO Randy Falco, Sadusky has implemented a reorganization plan and adjusted the company’s strategy to refocus on its core Spanish-language media business.

Those efforts says Sadusky in a statement, has made Univision “strategically, operationally and financially strong” and “ideally positioned” the broadcaster “for continued growth on its own or with a partner.”

Univision has hired financial advisors to assist with the process.

More details on Forbes.

Filed Under: People Tagged With: Univision

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Veronica Villafañe, Editor & Publisher

Emmy award-winning journalist and former president of the National Association of Hispanic Journalists (NAHJ). Currently a reporter for Voice of America, she has worked as an on-air reporter, anchor, writer and producer for Spanish and English-language TV, print and online media, including Univision, Telemundo, Fox 11 News in L.A. and the San Jose Mercury News.

Hispanic media and entertainment contributor to Forbes.

Full bio here
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