Sinclair to buy Fox Sports networks from Disney, WSJ reports

SINCLAIR BROADCAST GROUP has reached an agreement to purchase Walt Disney Co's Fox regional sports networks. / BLOOMBERG NEWS FILE PHOTO JONATHAN HANSON
SINCLAIR BROADCAST GROUP has reached an agreement to purchase Walt Disney Co's Fox regional sports networks. / BLOOMBERG NEWS FILE PHOTO JONATHAN HANSON
NEW YORK – Sinclair Broadcast Group Inc. agreed to buy the Fox regional sports networks from Walt Disney Co., turning the local-TV company into a cable-sports powerhouse, the Wall Street Journal reported. The deal is valued at more than $10 billion, the Journal said, citing unidentified people familiar with the matter. An agreement could be…

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