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Emilio Azcarrago

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September 5, 1997 | From Bloomberg News
Emilio Azcarraga Jean, chairman and chief executive of Mexico's Grupo Televisa, spent $400 million to boost his stake in Grupo Televicentro, which controls the broadcast company. Azcarraga Jean now owns 52% of holding company Televicentro, said Robert Lerner of Abernathy MacGregor Group Inc., an outside spokesman for the company. Before the transaction, Azcarraga Jean may have owned about 17% of Televicentro, analysts said. It could not be immediately learned from whom he bought the shares.
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BUSINESS
September 5, 1997 | From Bloomberg News
Emilio Azcarraga Jean, chairman and chief executive of Mexico's Grupo Televisa, spent $400 million to boost his stake in Grupo Televicentro, which controls the broadcast company. Azcarraga Jean now owns 52% of holding company Televicentro, said Robert Lerner of Abernathy MacGregor Group Inc., an outside spokesman for the company. Before the transaction, Azcarraga Jean may have owned about 17% of Televicentro, analysts said. It could not be immediately learned from whom he bought the shares.
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