Yankees in talks with Amazon, Sinclair to bid for Yes Network: WSJ
Yankees in talks with Amazon, Sinclair to bid for Yes Network: WSJ
The New York Yankees are in talks with Amazon.com Inc https://www.wsj.com/articles/yankees-in-talks-with-amazon-sinclair-to-bi... said.
Disney is seeking a valuation of $5 billion to $6 billion for Yes Network, according to the report, adding that the talks are still in early stages and a partnership with either Amazon or Sinclair isn`t guaranteed.
Disney, which is buying Twenty-First Century Fox Inc`s film and television assets, had said it would divest 22 of Fox`s regional sports networks, including New York-focused Yes Network, as part of an agreement with the U.S. Department of Justice.
Sinclair and Yankees were not immediately available for comment, while Amazon declined to comment.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
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