-
Shareholder Suits Filed Against Univision Sale
June 30, 2006 at 5:44 AM (PT)
What do you think? Add your comment below. -
After the sale announcement come the lawsuits, with two shareholder suits already on file against UNIVISION COMMUNICATIONS INC. charging that the company and its board breached their fiduciary duty witht he sale to a group headed by producer HAIM SABAN.
A case filed TUESDAY is asking the court to block the sale, and a second filed WEDNESDAY alleges that the deal was structured to benefit insiders rather than shareholders.

