Hearst Clinches Deal to Buy Out A+E Global Media Stake From Disney
Hearst has set an agreement to buy 50% of A+E Global Media from Disney in a deal that brings the company back into national media in a big way.
Disney Expected to Sell 50% Stake in A+E to Hearst for More Than $1 Billion
Disney will sell its 50% stake in A+E Global Media (formerly known as A+E Networks) to Hearst, in a transaction valued at over $1 billion,