$AMZN $DIS $FOXA $SBGI: Disney Nears Sale of YES Network for About $3.5 Billion

Date: Friday, March 8th, 2019

Stock(s) mentioned: , , ,

Source: Wall Street Journal (https://www.wsj.com)

Summary: Walt Disney is in advanced talks to sell a majority stake in YES Network to a group that includes the New York Yankees, Sinclair Broadcast and Amazon.com, in a deal that would value the sports network at around $3.5 billion.

Full article address: https://www.wsj.com/articles/disney-nears-sale-of-yes-network-for-about-3-5-billion-11552059071

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