Viacom Buys Argentina’s Top TV Channel

Viacom (NASDAQ: VIA) (NASDAQ: VIAB) has acquired a big-time South American media asset: Television Federal, known as Telefe, one of the top free-to-air channels in Argentina. The seller is Spain-based telecom Telefonica (NYSE: TEF), and the price is $345 million, the two companies said in a joint press release. …read more

Read more here: Viacom Buys Argentina’s Top TV Channel

Category: TEF, VIA, VIAB

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