Merger set for approval

Monday, Sept. 8, 2003 | 11:20 a.m.

WASHINGTON -- The government will approve Univision Communication Inc.'s $2.8 billion purchase of Hispanic Broadcasting Corp., a Federal Communications Commission official said today.

Under the plan, Los Angeles-based Univision would acquire HBC's 63 radio stations. The company then would have to sell two radio stations as a condition of the FCC's approval, the official said.

In Las Vegas, Univision owns one television station, KINC Channel 15, and Hispanic Broadcasting Corp. owns three radio stations, KISF 103.5-FM, KQMR 99.3-FM and KLSQ 870-AM.

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