Ricardo Salinas

Mexico's Salinas to buy Televisa Iusacell stake for $717 million

Mexico's Grupo Salinas said on Wednesday its chairman will buy out its partner Grupo Televisa's (TLVACPO.MX) 50 percent stake in the country's No. 3 wireless operator Iusacell for $717 million and seek a strategic partner to build up the carrier.

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Blockbuster continues to remain an upscale chain in Mexico with $31M sale- report

The $31 million deal between Dish Network Corp and Grupo Elektra for the sale of Blockbuster Mexico allows the video rental service to continue to live on as an upscale chain in Mexico, Bloomberg reported.

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Mexico's TV Azteca buys troubled soccer club Atlas

Mexican broadcaster TV Azteca purchased financially troubled soccer club Atlas on Monday in an acquisition deal valued at USD50 million, according to the club's president.

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