Disney could reportedly complete its purchase of 21st Century Fox’s movie and television production operations as soon as this week.
CNBC reports the deal is moving closer to being finalized, with a possible announcement coming this Thursday. Comcast reportedly dropped its bid for Fox on Monday, with Disney now being the sole suitor. The deal is said to be worth over $60 billion, but the exact amount is still not known.
Reports last week suggested Disney is closing in on a deal to buy most of Fox, with both companies said to be interested in the acquisition. Disney will acquire all of Fox's TV and movie assets, as well as its regional sports networks and its 30 percent stake in Hulu, among plenty of other properties.
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CNBC reports the deal is moving closer to being finalized, with a possible announcement coming this Thursday. Comcast reportedly dropped its bid for Fox on Monday, with Disney now being the sole suitor. The deal is said to be worth over $60 billion, but the exact amount is still not known.
Reports last week suggested Disney is closing in on a deal to buy most of Fox, with both companies said to be interested in the acquisition. Disney will acquire all of Fox's TV and movie assets, as well as its regional sports networks and its 30 percent stake in Hulu, among plenty of other properties.
Continue reading…
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