Walt Disney (NYSE:DIS) says it's sold its interest in the YES Network to an investor group including Yankee Global Enterprises (The New York Yankees), Sinclair Broadcast Group (NASDAQ:SBGI) and Amazon.com (NASDAQ:AMZN).
The group acquired the 80% the Yankees already didn't own, for an enterprise value of $3.47B.
That closes the door on a saga where Disney was required to sell the 22 regional sports networks it acquired as part of its media-asset takeover from Fox.
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