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Mexico's Televisa says acquires control of cable firm
MEXICO CITY |
MEXICO CITY Aug 1 (Reuters) - Mexico's top broadcaster Televisa on Thursday said it paid 7 billion pesos ($545 million) to acquire a controlling stake in Mexican cable company Cablecom.
The deal, which is subject to regulator approval, would give Televisa control over 51 percent of Cablecom with the option to purchase the remaining 49 percent, the company said in a statement.
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