Mexican broadcaster Grupo Televisa SA said it is not part of a consortium seeking to purchaseUnivision Communications Inc.
and that it is starting to analyze whether to make an offer for the Spanish-language media giant.
On Thursday, reports surfaced that Televisa was part of a group of U.S. and Mexican investors teaming to launch a bid for Univision. The group was said to include Televisa, private equity firm Providence Equity, Cisneros Group and Los Angeles billionaire investor Haim Saban. On Feb. 8, Univision announced it was considering putting itself on the market.
- Allergan Inc. extended its tender offer for Inamed Corp. after falling short of its goal of acquiring 90 percent of the outstanding shares of the Santa Barbara-based cosmetic surgery device maker. The new expiration date is Friday. So far, Inamed shareholders had tendered about 82.9 percent of its shares as of March 10,the previous expiration date for the deal. Allergan said it needs to get 90 percent of Inamed stock to complete the acquisition under Delaware law.
U.S. regulators approved the deal last week after Allergan and Inamed agreed to sell Inamed's rights to Reloxin, a potential competitor to Allergan's Botox, back to European drug maker Ipsen Ltd.
- Computer Sciences Corp. won a five-year, $178 million contract to continue providing information technology services for the John A. Volpe National Transportation Systems Center in Cambridge, Mass. The center is part of the U.S. Department of Transportation's Research and Innovative Technology Administration. Computer Sciences will provide detailed technology analysis, architecture design and software development for transportation and logistics management information systems.
The new agreement follows a $191 million contract signed with the Department of Transportation in August 2000, under which Computer Sciences provided IT support services at the Volpe Center.
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