Hearst Clinches Deal to Buy Out A+E Global Media Stake From Disney for $1.2 Billion
Hearst has set a deal to acquire Disney’s 50% stake in A+E Global Media, the parent company of Lifetime, History Channel, A&E Network and other assets in a deal that calls for Hearst to pay Disney $1.2 billion in cash. Disney and Hearst have been 50-50 partners in A+E Global Media for more than a […]
We haven't written up this one. Variety has the full story — the link below goes straight to it.
Also reported by 1 other outlet
- Disney Sells Its Stake in A+E to Hearst for $1.2 Billion hollywoodreporter.com