Rupert Murdoch could pull off amazing coup: Buying Fox regional sports networks back from Disney at a discount of billions

Rupert Murdoch could pull off amazing coup: Buying Fox regional sports networks back from Disney at a discount of billions

6 years ago
Anonymous $oIHRkISgaL

https://www.cnbc.com/2018/10/26/rupert-murdoch-may-buy-back-fox-sports-networks-from-disney.html

The front-runner to buy 22 regional sports TV networks from Disney is the same company that sold them in the first place.

"New Fox," the company that will remain after Rupert Murdoch sells $71.3 billion worth of 21st Century Fox assets to Disney, is the leading contender to buy back the RSNs it "sold" to Disney as part of the larger transaction, according to people familiar with the matter. Those networks broadcast the games of 44 professional teams from Major League Baseball, the National Basketball Association and the National Hockey League

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