Univision stockholders approve sale.

Univision Communications Inc. announced that shareholders of Univision have approved its previously announced acquisition by an investor group including Madison Dearborn Partners, Providence Equity Partners, Texas Pacific Group, Thomas H. Lee Partners, and Saban Capital Group for $36.25 per share in cash, or a total of approximately $13.7 billion including the assumption of $1.4 billion in debt.

At a special meeting of Univision shareholders, the merger agreement was approved by more than 80% of the shares that voted (with each share having only one vote), which constituted more than 60% of the outstanding shares. Completion of the transaction, which is expected in the Spring of 2007, remains subject to regulatory approvals and customary closing conditions.