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Not a hoax: Univision buys stake in 'Onion'

Univision said it would hold a minority stake in Onion Inc, which also operates websites AV Cub and ClickHole and the digital video Onion Studios.

New York

AIMING to use humour to boost its audience, US broadcasting group Univision said on Tuesday that it was acquiring a stake in the satirical news group The Onion.

The New York-based Univision, which aims to reach Hispanic Americans, said in a statement that it had invested...