Mexico's Televisa to take 5% stake in Univision

4:42 AM PDT 10/5/2010 by Georg Szalai, AP

Invests $1.2 billion; expands program deal

NEW YORK - Mexican broadcaster Grupo Televisa has agreed to take a 5% stake in U.S. Spanish-language media company Univision Communications, which it can grow in the future, and to extend and expand the companies' long-term program license agreement.