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Stage:
Growth
Date of Investment:
1996
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Classic Sports, Inc. (CSN) is a 24-hour cable programming service devoted to showing great sporting events, legendary athletes and performances, sports series, documentaries and interviews. CSN has licensed the rights to an extensive library of video and film from Major League Baseball, National Football Leagues, National Basketball Association and National Hockey League. Warburg Pincus provided growth capital in September 1996 and became the company's largest shareholder. CSN was sold to ABC's ESPN division in 1997.
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