Univision merger OK imminent

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The Federal Communications Commission late Friday was putting finishing
touches on its approval of Univision Communications Inc.'s bid to acquire Hispanic Broadcasting Corp., the
country's largest Spanish-language radio group.

The deal was expected to be announced Monday.

Approval of the deal is expected to set off a storm of criticism from
Democrats and some Hispanic groups seeking to make trouble for President Bush
and his bid to secure Latino votes in next year's presidential election.

They will argue that the deal allows too much concentration in Hispanic media
by letting the largest Spanish-language TV group gobble up its radio
counterpart.

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