UPDATE 1-Televisa wins injunction over Disney purchase of Fox assets in Mexico

Mexican broadcaster Grupo Televisa has won a federal injunction against Walt Disney Co’s acquisition of Twenty-First Century Fox Inc’s assets in Mexico, a Televisa representative said on Thursday, a move that could at least temporarily stall the deal. “We are very pleased that the federal judiciary has ordered a full review of the merger in light of the arguments we presented almost a year ago,” Televisa said in a statement to Reuters. Disney closed its $71 billion purchase of Fox’s film and television assets in March, marking one of the largest media deals in recent history after Disney …read more

Source:: Yahoo Finance

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