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New Deal


Announced

Completed

Astros and Rockets completed the acquisition of AT&T SportsNet Southwest from Warner Bros. Discovery.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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United States

Acquisition

sports network

Media Agencies

Majority

Private

Domestic

Completed

Friendly

Synopsis

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NBA teams Houston Astros and Houston Rockets completed the acquisition of AT&T SportsNet Southwest, a regional sports network, from Warner Bros. Discovery, a media and entertainment company. Financial terms were not disclosed. "Rockets to sell AT&T SportsNet Southwest. We believe this is the best outcome for our fans and our stakeholders." David Zaslav, Warner Bros. Discovery CEO.

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