Walt Disney Announces Agreement To Sell Its 50% Interest In A+E Global Media To Hearst For $1.2B In All-Cash Deal, Making Venture Wholly Owned By Hearst
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Why It Matters
Disney is selling its half-ownership of A+E Networks to Hearst for $1.2 billion in cash. This means Disney is getting money and simplifying what it owns, so you can watch whether Disney uses that cash wisely on things customers care about.
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