|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||1.1500 - 1.1500|
|52 Week Range||1.0000 - 2.2000|
|Beta (5Y Monthly)||0.80|
|PE Ratio (TTM)||6.05|
|Forward Dividend & Yield||0.02 (1.56%)|
|Ex-Dividend Date||May 27, 2022|
|1y Target Est||N/A|
Mexico's Megacable said on Tuesday it had rejected Grupo Televisa's offer to merge the firms' pay TV and broadband operations, opting to stick with its current business plan given that the company is "not for sale." Televisa in November proposed merging its cable and broadband unit Izzi with its smaller listed rival Megacable, Reuters reported exclusively on Monday. Megacable, which provides pay TV, internet and telephone services in Mexico, said in a statement it "extensively analyzed" Televisa's offer and unanimously rejected it on Dec. 8.
The board of Mexico's Megacable rejected Grupo Televisa's offer to merge the firms' pay TV and broadband operations, according to a statement published by the TV firm Tuesday. Televisa is seeking to merge its cable and broadband unit Izzi with its smaller listed rival Megacable, according to an offer letter seen by Reuters on Monday. The firm said in a statement it will continue to seek alternatives with Megacable.
* Argentina inflation to cool slightly, analysts say * Brazil services activity drops in October * Colombia's central bank set for December rate hike * U.S. dollar sinks as inflation rise moderates (Updates prices, details; adds chart) By Susan Mathew and Bansari Mayur Kamdar Dec 13 (Reuters) - Emerging market currencies rose on Tuesday after cooling U.S. inflation lifted expectations that the Federal Reserve would soften its pace of interest rate hikes, while South Africa's rand surged on hopes that President Cyril Ramaphosa would stay in power. The rand jumped 1.9% after South Africa's ruling African National Congress (ANC) stopped an impeachment process from being launched against President Cyril Ramaphosa, as most of its lawmakers voted to reject an inquiry report into alleged misconduct.