Deal snapshot: US Hispanic and Latin American Media Firm to be Taken Private by Gato Investments.

MANews-(C)2009-2022

Miami, US-based US media company Hemisphere Media Group, Inc. (NASDAQ: HMTV), targeting the high growth US Hispanic and Latin American markets, has entered into a definitive agreement to be acquired for USD 7.00 per share in cash by a subsidiary of Gato Investments LP, a portfolio investment of Searchlight Capital Partners, L.P., the company said.

The offer price per share of common stock represents a premium of...

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