Grupo Salinas region and by 1987, 59 stores. Elektra Group became a publicly traded company listed on the Bolsa Mexicana de Valores, the Mexican Stock Exchange. In 1993, Grupo Elektra bought the Imevisión government television network and renamed it TV Azteca. TV Azteca created an initial public offering in 1997 on the Mexican and New York stock exchanges. In 2012, Grupo Elektra, a wholly owned subsidiary of Grupo Salinas, acquired Advance America for an estimated $780 million USD. In 2003, Grupo Salinas purchased the telecommunicaions company Iusacell and the mobile phone company Unefón. Iusacell was sold to AT&T in 2014, and rebranded
Rancho Bolsa de las Escorpinas Rancho Bolsa de las Escorpinas Rancho Bolsa de las Escorpinas was a Mexican land grant in present-day Monterey County, California given in 1837 by Governor Juan B. Alvarado to Salvador Espinoza. The grant was northwest of present-day Salinas, bounded on the south by today's Espinosa Lake. Espinosa Road runs east–west through the former rancho lands. The first European land exploration of Alta California, the Spanish Portolà expedition, camped in the vicinity of Espinosa Lake on October 7, 1769. The party had spent the previous six nights near Blanco and continued north the next day to the Pajaro River, staying to