M&A Deal Summary

CBS Sports Network Acquires 247Sports

On December 16, 2015, CBS Sports Network acquired media company 247Sports

Acquisition Highlights
  • This is CBS Sports Network’s 1st transaction in the Media sector.
  • This is CBS Sports Network’s 1st transaction in the United States.
  • This is CBS Sports Network’s 1st transaction in Tennessee.

M&A Deal Summary
Date 2015-12-16
Target 247Sports
Sector Media
Buyer(s) CBS Sports Network
Deal Type Add-on Acquisition

Target

247Sports

Brentwood, Tennessee, United States
247Sports is a digital media enterprise focused on delivering original sports and entertainment news on a team-by-team basis to sports fans across the world through a spectrum of platforms.

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Buyer(S) 1

Buyer

CBS Sports Network

New York, New York, United States
Category Company
Founded 2002
Sector Media
DESCRIPTION

CBS Sports Network is a digital cable and satellite television network operates as a multi-platform media and a network of websites for the athletic departments.

DEAL STATS #
Overall 1 of 1
Sector (Media) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Tennessee) 1 of 1
Country (United States) 1 of 1
Year (2015) 1 of 1
Mergr

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