Univision Reportedly Postpones IPO

(RTTNews) - Univision Communications Inc., owner of the country's dominant Spanish-language broadcaster, postponed plans for a 2015 initial public offering due to the lackluster recent performance of media-company stocks and a sluggish market for first-time share sales, according to wall street Journal reported citing people familiar with the matter said.

The company's board met on Thursday and discussed the issue. The company is leaving its options open for a debut early next year, the report said.

Univision initially had plans to launch its IPO shortly after Labor Day. But growing skittishness among investors caused the company to hold off, the report said.