Disney has to sell off the 22 RSNs after the deal is closed as part of its agreement with the Justice Department
Don’t expect Fox to try and buy back the 22 regional sports networks it’s selling off to Disney when the company completes its $71.3 billion acquisition of 21st Century Fox’s film and TV assets.
“Fox confirms that it does not intend to bid for any of the Fox regional sports networks that Disney (or any entity operating on its behalf) may sell as required by the consent decree with the U. S. Department of Justice,” the company wrote in an SEC filing on Friday. As part of its agreement with the Department of Justice, Disney will have at least 90 days from the date of closing of the transaction — expected to be in the early part of 2019 — to complete this sale, with the possibility that the DOJ can grant extensions.

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