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News Corp. Discussing Stake In Yes Network

News Corp. is in talks to buy a stake in the Yes Network, the cable channel that broadcasts regional sports including Yankees and Nets games, according to an unnamed source cited by Amy Chozick and Michael Cieply. Deal could be finalized as soon as Friday, adding  "significant heft to News Corporation’s already large portfolio of regional sports assets."

Read the whole story at The New York Times »

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