Why did Disney sell these businesses?

In 2019, Sinclair bought the 21 Fox Regional Sports Networks and Fox College Sports from Disney. Research this acquisition and answer the following discussion questions related to this acquisition.
Why did Disney sell these businesses? Why did Sinclair buy these businesses? How did Sinclair organize this acquisition in terms of new subsidiaries and additional business partners?What was the purchase price and how was this price allocated? 2019 Annual Report review p. 48 How did Sinclair pay for this deal? Make sure you provide detail on the structure and terms of the various sources of funds that they used. 2019 Annual Report review pp. 28, 34 – 40, 48, 58 – 62, 64, 65 How did Sinclair pay for this deal? Make sure you provide detail on the structure and terms of the various sources of funds that they used. 2019 Annual Report review pp. 28, 34 – 40, 48, 58 – 62, 64, 65 Calculate, analyze and comment on the year-to-year trend in Sinclair’s Funded Debt / EBITDA as of 12/31/19 and 12/31/20? (Include all major non-cash items in your EBITDA calculation)

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