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U.S. COMPUTER ENTREPRENEUR BILL GATES CONFIRMS INVESTMENTS IN MEXICAN MEDIA GIANT TELEVISA.
From:
SourceMex Economic News & Analysis on Mexico
| Date:
August 6, 2003
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COPYRIGHT 2003 Latin American Data Base/Latin American Institute. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.
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Bill Gates, co-founder of the Microsoft computer empire, confirmed he has acquired a 7% share in Mexico's leading television network Grupo Televisa.
In a report to the US Securities and Exchange Commission (SEC), Gates said he held about 6.3 million of Televisa's Global Depository Shares as of July 16. Gates was required to report the transaction to the SEC because his shares in a company reached 5% or more. The Microsoft executive reported an investment of US$235 million in the Mexican media company through holding company Cascade Investment LLC and the Bill & Melinda ...
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