Fox Sports, CBS News Set Media Trades Abuzz On Monday's Stock Market – Investor's Business Daily

A tough day for the stock market Monday was a big day for broadcast sports and news stocks. CBS Corp. (CBS) announced a major restructuring of its news arm. And Sinclair Broadcast (SBGI) agreed to acquire Walt Disney’s (DIS) regional Fox sports networks for $10.6 billion. X CBS, part of the Diversified Media industry group,…