Deals
Disney Gets Bids From Apollo and MLB for Fox Sports Networks
- Bids value assets at well below the $22 billion estimated
- Latest round attracts offers from Sinclair, Apollo and MLB
Photographer: Nick Tre. Smith/Icon Sportswire via Getty Images
This article is for subscribers only.
Walt Disney Co.’s effort to sell a collection of 22 regional sports networks hasn’t been a slam dunk.
When the company set out to unload the assets -- a side deal necessitated by its $71 billion takeover of 21st Century Fox Inc.’s entertainment empire -- analysts estimated that they could fetch $20 billion to $22 billion.