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Univision Holders OK Sale

Stock quotes in this article: UVN , TV  

Univision Communications (UVN Quote) shareholders approved the Spanish-language media company's $12.3 billion sale to a private investor group.

The company said Wednesday that the buyout was approved by more than 80% of the shares that voted, which constituted about 60% of the shares outstanding.

The deal is expected to close in the spring of 2007. ...

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