Univision reportedly mulling sale of Fusion Media Group

Univision reportedly mulling sale of Fusion Media Group

6 years ago
Anonymous $TjsaxHwAP-

https://techcrunch.com/2018/07/07/univision-reportedly-mulling-sale-of-fusion-media-group/

According to sources cited by The Wall Street Journal, Univision is mulling the sale of the brand portfolio that includes popular sites like Gizmodo, Deadspin, The Root, Lifehacker and a chunk of The Onion.

Last year, the Spanish language broadcaster reportedly attempted to offload a 20-percent stake in the company for $200 million, but ultimately failed to find any takers, due to “skittish” potential investors.