It's official - Hearst has announced an agreement to acquire Disney’s 50% interest in A+E Global Media for approximately $1.2 billion in cash.

Disney Closes $1.2 Billion Deal, Sell A+E Global Media Stake To HearstIt's official - Hearst has announced an agreement to acquire Disney’s 50% interest in A+E Global Media for approximately $1.2 billion in cash.bit.ly