Fox Business: Sinclair placed top bid as Fox RSN auction came to end [Seeking Alpha]
Walt Disney Company (The) (DIS)
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Fox Business: Sinclair placed top bid as Fox RSN auction came to end - The Walt Disney Company (NYSE:DIS) | Seeking Alpha M&A | Top Fox Business: Sinclair placed top bid as Fox RSN auction came to end Apr. 20, 2019 4:50 PM ET The Walt Disney Company (DIS) Jason Aycock Bidding for the former Fox regional sports networks is at its endgame, and Fox Business says Sinclair Broadcast Group (NASDAQ: SBGI placed the top bid Bankers accepted final bids this week from the wide range of suitors involved in the bidding, which aside from Sinclair included Liberty Media (NASDAQ: FWONA MLB pulled out as a solo bidder and joined with John Malone's Liberty bid, according to the report. Sinclair is reported to have bid about $10B for the nets, which Disney (NYSE: FOX FOXA The $10B figure (even if accounting for some $4B separately for the YES network) would be a bit of a comedown from the $20B Disney hoped to raise from unloading the entire package of 22 RSNs. Previously: Justice Dept. argues court s
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DIS
Earnings
- 2/7/24 - Beat
DIS
Sec Filings
- 4/17/24 - Form 8-K/A
- 4/9/24 - Form 8-K
- 4/3/24 - Form 8-K
- DIS's page on the SEC website