Disney Offers Concessions to Secure E.U. Approval For Fox Deal

Variety | 10/15/2018 | Robert Mitchell
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The Walt Disney Company has offered antitrust concessions to try and help secure E.U. approval for its $71.3 billion acquisition of 21st Century Fox’s entertainment assets. The move was announced Monday by the European Commission, which is reviewing competition concerns over the merger, with Disney having submitted the proposal Friday. Details of the concessions offered have not been revealed.

The European regulator has also extended its deadline for reviewing the merger from Oct. 19 to Nov. 11. The Commission is expected to consult with customers and media competitors before deciding whether to accept the concessions offered.

Disney - Approval

Disney received approval of...
(Excerpt) Read more at: Variety
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