Monday, December 28, 2015

Univision Takes Next Step Toward IPO

Investors are hoping the company is worth at least $20 billion.

Univision's initial public offering appears back on track after a reported delay brought about by adverse market conditions for entertainment stocks.

On Wednesday, the Spanish-language media company filed another preliminary prospectus indicating its shares will eventually trade on the New York Stock Exchange under the symbol, "UVN."

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