Hearst to Acquire Disney Stake in A+E Global Media for $1.2 Billion

A+E Global Media

Hearst has announced an agreement to acquire The Walt Disney Co.’s 50% equity stake in A+E Global Media for approximately $1.2 billion in cash. The transaction, which is subject to customary closing conditions, is expected to close in September, according to announcements from the companies. Hearst Takes Full Control of A+E Global Media in $1.2 … Read more