Bid & Ask: The Deals of the Week
Noteworthy expenditures of the week
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1. Major League Baseball will get $6.8 billion from News Corp.’s Fox and Time Warner’s Turner networks for the rights to broadcast games through 2021, say two executives familiar with the deal.
2. To raise money for wireless spectrum and network enhancements, Deutsche Telekom’s T-Mobile USA will sell the rights to operate 7,200 cellular towers to Crown Castle International for $2.4 billion.