sinclair to acquire sports networks from disney

Sinclair to Acquire Sports Networks From Disney

Business

TV-station giant Sinclair Broadcast Group Inc. has struck a deal valued at more than $10 billion to acquire 21 regional sports networks from Walt Disney Co., according to people familiar with the matter.

The agreement is expected to be announced as early as Friday, the people said.

For Sinclair, which already is the nation’s biggest owner…

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