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Gates Buys 7% Stake in Grupo Televisa

July 31, 2003|From Bloomberg News

Microsoft Corp. Chairman Bill Gates bought a 7% stake in Mexico's Grupo Televisa, the world's largest Spanish-language broadcaster, through his investment fund and charity.

Gates owns 6.35 million of Televisa's U.S.-traded shares through Cascade Investment and the Bill & Melinda Gates Foundation, according to a Televisa filing with the Securities and Exchange Commission.

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