Viacom Acquires Televisión Federal S.A. (Telefe) in Argentina from Telefónica S.A. for US$345 Million

Viacom Inc. (Nasdaq: VIAB, VIA) and Telefónica S.A. today announced the acquisition of Televisión Federal S.A. (Telefe), one of the main free-to-air channels in Argentina, by Viacom International Media Networks (VIMN). The transaction has been concluded for a total amount …

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