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Univision: Power Rangers v. Grupo KKRCCBB

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The bids for Univision , the largest U.S. Spanish-language broadcaster, were due yesterday, although reports say more may be coming. Since there are nearly a dozen different firms participating in the bidding, we thought it might help to set down exactly who is working with whom.
A group consisting of Haim Saban, Providence Equity Partners, Madison Dearborn Partners, Thomas H. Lee Partners and Texas Pacific Group submitted an offer yesterday. Haim Saban made his fortune with the Might Morphin Power Rangers, and later by selling The Fox Family network, a joint venture with Fox Television, to Disney. Haim, Providence and Tommy Lee teemed up in 2003 to finance the acquisition of the largest private television network in Germany. We’re calling them Team Power Rangers.
The main competing group has not yet submitted a bid. It is made up Grupo Televisa, Kohlberg Kravis Roberts, Cisneros Group, Bain Capital, Blackstone Group and Bill Gates backed Cascade Investment. The Carlyle Group was part of this contingent but has been said to have dropped out. We’re calling them Grupo KKRCCBB.

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