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Univision confirmed it is "reviewing strategic options" and has hired outside advisers after a report in The Wall Street Journal said it was looking at options, including potentially a sale.

Univision shopping for buyer from Saban Capital Group: Report →

Univision said it plans to announce on Tuesday that it is acquiring a 40-percent controlling stake of The Onion — founded as a small newspaper in Madison, Wisconsin, 28 years ago — as part of an effort by the company to court a younger audience.

Univision buys controlling stake in satire site The Onion →

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