As RBR+TVBR first reported via Twitter on December 23, the FCC, as expected, gave the green light — with agreed-to conditions — to Searchlight III UTD and ForgeLight‘s acquisition of a majority stake of Univision Holdings.
This set the wheels in motion on reaching a closing date before the end of 2020, as originally envisioned.
On Tuesday afternoon, the transaction was formally consummated.
