Yankee Global Enterprises with Strategic Partners Sinclair and Amazon Acquire YES Network from Disney

Yankee Global Enterprises, with strategic partners Sinclair Broadcast Group (SBGI) and Amazon (AMZN), today announced the purchase of the YES Network (“YES”) from The Walt Disney Company (DIS), acquiring the 80 percent of the YES Network not already held by Yankee Global Enterprises at a total enterprise value of $3.47 billion. Additional equity investments were provided by RedBird Capital, funds managed by Blackstone’s Tactical Opportunities business, and Mubadala Capital.

source https://finance.yahoo.com/news/yankee-global-enterprises-strategic-partners-201400032.html?.tsrc=rss

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