Megacable rejects Televisa offer – Digital TV Europe

Mexican service provider Megacable has rejected the offer from Televisa to combine the pair’s cable operations.

“Megacable has fully analysed the offer of December 8, and has unanimously resolved to reject it, given that the current business plan approved by the Megacable board offers better prospects over the long term for Megacable and its investors, taking into consideration that Megacable is not for sale. On December 12, the said resolution was communicated to Televisa,” said Megacable.

Source: Megacable rejects Televisa offer – Digital TV Europe

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