The Walt Disney Co. has closed the book on one more bit of business related to its $71 billion acquisition of the entertainment assets of 21st Century Fox. The Mouse House has sold its equity interest in the YES Network, the New York regional sports network (RSN) that plays Yankees games, to an investor group that includes Yankee Global Enterprises, Sinclair Broadcast Group Inc. and Amazon.com Inc. RedBird Capital, funds managed by Blackstone’s Tactical Opportunities business and Mubadala Capital are also part of the investor group. Read More...
Disney sells last Fox regional sports network to Yankees, Sinclair
The Walt Disney Co. has closed the book on one more bit of business related to its $71 billion acquisition of the entertainment assets of 21st Century Fox. The Mouse House has sold its equity interest in the YES Network, the New York regional sports network (RSN) that plays Yankees games, to an investor group that includes Yankee Global Enterprises, Sinclair Broadcast Group Inc. and Amazon.com Inc. RedBird Capital, funds managed by Blackstone’s Tactical Opportunities business and Mubadala Capital are also part of the investor group.
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