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Third Quarter 2020 Earnings Conference Call
Thursday, November 05, 2020
5:00 PM ET

Mergers & Acquisitions

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Deal Overview

Buyer:
Entravision Communications Corporation
Actual Acquirer:
Entravision Communications Corporation
Target:
One digital and one low power TV station
Deal Type:
Media & Entertainment
Agreement Date:
7/19/2017
Announcement Date:
7/19/2017
Announced Deal Value ($ M):
21.00
Status:
Completed
Completion Date:
11/1/2017

Consideration Breakout
Cash ($M) 21.0

Deal Pricing Ratios

Announcement Completion
Cash Flow Multiple (x) 7.5 7.5
Deal Terms
Description of Consideration

Entravision Communications Corporation has paid $21 million in cash including $1,050,000 as an escrow deposit to acquire one digital and one low power TV station from Torchlight TV Investments LLC.

Accounting Method Acquisition
Merger of Equals? No
Goodwill Generated ($ 000) 8,200
Minimum Termination Fee ($ 000) 0
Deal Advisers
Financial Advisers
Party Advised Adviser Hired? Firm Name
Buyer No NA
Seller Yes MVP Capital LLC
Legal Counsel
Party Advised Adviser Hired? Firm Name
Buyer Yes Thompson Hine LLP
Seller Yes Wilkinson Barker Knauer LLP