Amazon grabs a piece of the Yankees network in a $3.47 billion deal

Disney sold its stake in the YES Network to an investor group that includes the Yankees, Amazon and Sinclair Broadcasting. The group announced today that it was acquiring the 80 percent stake in the YES Network previously held by Disney in a $3.47 billion deal. In the press release, the group said the sale would mark the beginning of a new “strategic partnership” between the three companies.Amrita Khalid, Engadget ยป https://www.engadget.com/2019/08/29/amazon-grabs-a-piece-of-the-yankees-network-in-a-3-47-billion-d/ [photo:YES Network/Facebook]

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