The Walt Disney Company Sells Its Interest in the Yes Network to Investor Group Including Yankee Global Enterprises and Sinclair Broadcast Group

The Walt Disney Company Sells Its Interest in the Yes Network to Investor Group Including Yankee Global Enterprises and Sinclair Broadcast Group

BURBANK, Calif., August 29, 2019 – The Walt Disney Company (NYSE: DIS) (“Disney”) today announced that it has sold its equity interest in the YES Network (“YES”) to a newly formed investor group that includes Yankee Global Enterprises (the “Yankees”) and Sinclair Broadcast Group (Nasdaq: SBGI) (“Sinclair”), among others. The group acquired the 80 percent […]

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https://www.dapsmagic.com/2019/08/the-walt-disney-company-sells-its-interest-in-the-yes-network-to-investor-group-including-yankee-global-enterprises-and-sinclair-broadcast-group/