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Disney Closes $1.2 Billion Deal To Sell A+E Global Media Stake To Hearst
It’s official — Hearst has announced an agreement to acquire Disney’s 50% interest in A+E Global Media for approximately $1.2 billion in cash.
AI Summary
It’s official — Hearst has announced an agreement to acquire Disney’s 50% interest in A+E Global Media for approximately $1.2 billion in cash. The transaction is expected to close in September, subject to customary closing conditions. Upon closing A+E Global Media will become a wholly owned Hearst business within its Entertainment group. “We thank our […]
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