Sinclair Broadcast weighs partnering with PE to buy Fox Sports Networks: Bloomberg

10/3/18

Sinclair Broadcast Group is considering partnering with private equity to help it buy all of the 22 regional sports networks that Walt Disney Co is selling as part of its $71 billion Fox deal, Bloomberg is reporting

Christopher Ripley, Sinclair’s chief executive officer, made the comments at an investor conference hosted by Deutsche Bank. Disney owns ESPN and plans to sell the channels as part of its agreement to buy the assets of 21st Century Fox.

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