Report: Univision Board Postpones IPO Plans

Not So Fast

The WALL STREET JOURNAL is reporting that the board of UNIVISION COMMUNICATIONS INC. has postponed plans for an initial public offering before the end of the year due to market conditions.

The paper reports that the board decided on THURSDAY (12/3) to drop plans for the IPO in the face of lower-than-expected performance of other IPOs in the market, with a possible interest rate hike next month and stock price volatility cited as reasons for the struggles of IPOs this year.

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