Disney says Fox acquisition will close on March 20

TechCrunch | 3/20/2019 | Staff
MonkeyBubble (Posted by) Level 3
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More than a year after the deal was first announced, it looks like Disney’s acquisition of 21st Century Fox is about to close.

Disney announced today that the deal is “expected to become effective at 12:02 a.m. Eastern Time on March 20, 2019,” suggesting that it has obtained the final approval needed, specifically from regulators in Mexico.

Disney - Fox - Counter-offer - Comcast - Bid

Disney had initially agreed to acquire Fox for $52.4 billion, before a counter-offer from Comcast prompted it to increase its bid to $71.3 billion.

The acquisition will see Disney buying...
(Excerpt) Read more at: TechCrunch
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