Investment Summary

Nabisco Invests In ESPN

On September 12, 1984, Nabisco invested in media company ESPN from ABC

Investment Highlights
  • This is Nabisco’s 1st transaction in the Media sector.
  • This is Nabisco’s 1st transaction in the United States.
  • This is Nabisco’s 1st transaction in Connecticut.
Investment Fate
  • ESPN was sold to a consortium of strategic buyers in 1990.

Investment Summary

Date 1984-09-12
Target ESPN
Sector Media
Investor(s) Nabisco
Sellers(s) ABC
Deal Type Stake Purchase

Target

ESPN

Bristol, Connecticut, United States
ESPN, Inc. operates as a multimedia sports entertainment company around the world.

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Investor(S) 1

Investor

Nabisco

Parsippany, New Jersey, United States

Category Company
Sector Food
DESCRIPTION
Nabisco plant in Naperville, Illinois.
Nabisco plant in Naperville, Illinois.

Nabisco, Inc. and its subsidiaries manufactures and distributes cookies, crackers, and other food products in the United States and in certain foreign countries.


DEAL STATS #
Overall 1 of 2
Sector: Media M&A 1 of 1
Type: Stake Purchase M&A Deals 1 of 1
State: Connecticut M&A 1 of 1
Country: United States M&A 1 of 2
Year: 1984 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1990-11-09 ESPN

Bristol, Connecticut, United States

ESPN, Inc. operates as a multimedia sports entertainment company around the world.

Sell -

Seller(S) 1

SELLER

ABC

Burbank, California, United States

Category Company
Sector Media
DESCRIPTION

The Disney/ABC Television Group is composed of The Walt Disney Company’s global entertainment and news television properties, owned television stations, and radio and publishing businesses. This includes ABC Entertainment Group, ABC News, ABC Owned Television Stations Group, Disney Channels Worldwide, ABC Family, and SOAPnet, as well as Disney/ABC Domestic Television and Disney Media Distribution.


DEAL STATS #
Overall 1 of 2
Sector: Media M&A 1 of 1
Type: Stake Purchase M&A Deals 1 of 1
State: Connecticut M&A 1 of 1
Country: United States M&A 1 of 2
Year: 1984 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1984-05-01 ESPN

Bristol, Connecticut, United States

ESPN, Inc. operates as a multimedia sports entertainment company around the world.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1997-06-23 Chilton Business Group

Radnor, Pennsylvania, United States

Chilton is a publisher of trade magazines. Other assets include the Professional Exposition Management Company, a tradeshow organizer and Chilton Research Services, which provides research services.

Sell $447M