/// News Corp. Nears Deal For YES Stake

November 15, 2012  |  All Things Digital

News Corp. is closing in on a deal to buy a minority stake in New York regional sports network YES, according to three people with knowledge of the negotiations. According to one of the people, a deal may be announced in the coming days that values the home network of the New York Yankees at roughly $3 billion. News Corp. is said have its sights on nearly 40% of the network, seeking to buy most, if not all, of the stakes owned by longtime investors Goldman Sachs Group Inc. and Providence Equity Partners. Goldman helped launch YES in 2001

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News Corp. Nears Deal For YES Stake

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