Antena 3 and La Sexta to complete merger next month

Spanish broadcasters Antena 3 and La Sexta are set to complete their merger on April 25.

The process will be completed at Antena 3’s annual general meeting and comes less than four months after the two companies agreed to merge. The move completes the integration process that began in December and will see La Sexta shareholders getting 14% of the new entity. T

he deal comes a year after Mediaset-owned commercial broadcaster Telecinco acquired smaller rival Cuatro in December 2010.