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FOX Fox Corporation

29.58
0.33 (1.13%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Fox Corporation NASDAQ:FOX NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.33 1.13% 29.58 28.70 33.33 29.61 29.30 29.39 717,571 21:25:00

Sinclair Confirms Deal to Buy 21 RSNs From Disney at $10.6 Billion Enterprise Value

03/05/2019 9:57pm

Dow Jones News


Fox (NASDAQ:FOX)
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From May 2019 to May 2024

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   By Josh Beckerman 
 

Sinclair Broadcast Group Inc. (SBGI) confirmed a deal to buy 21 regional sports networks from Walt Disney Co. (DIS) at an enterprise value of $10.6 billion.

The Wall Street Journal previously reported that the parties were near a deal worth more than $10 billion.

Sinclair said Byron Allen, who owns The Weather Channel, will be an equity and content partner in a new holding company.

 

Write to Josh Beckerman at josh.beckerman@wsj.com

 

(END) Dow Jones Newswires

May 03, 2019 16:42 ET (20:42 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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