Is Univision A Takeover Candidate?

According to Inside Radio magazine, there is speculation that the reason for the rise in Univision’s stock price is due to a potential sale. Industry insiders speculate that Viacom, Disney and Time Warner are potential suitors.

This will be at the core of the questions asked when Mr. Andrew Hobson, Senior Executive Vice President, Chief Financial and Strategic Officer, and Ms. Diana Vesga, Vice President participate in this week’s UBS 33rd Annual Media Week Conference being held on December 5-8 at the Grand Hyatt New York Hotel, New York, New York. Mr. Hobson and Ms. Vesga are scheduled to present on Thursday, December 8, 2005 at 11:00 a.m. Local Time.

The Miami Herald coverage details that the speculation began once Univision began laying off 5% of their staff, thus trying to improve their company’s valuation.