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Walt Disney buys Murdoch's Fox for $52.4bn
2017-12-14 14:48:32| BBC News | Business | UK Edition
The deal ends Rupert Murdoch's more than half century of media empire building.
The Walt Disney Company to acquire Twenty-First Century Fox
2017-12-14 13:30:59| Digital TV News
The Walt Disney Company and Twenty-First Century Fox have announced that they have entered into an agreement for Disney to acquire 21st Century Fox, including the Twentieth Century Fox Film and Television studios, along with cable and international TV businesses.
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Disney buys 21st Century Fox for USD 52.4 bln in stock
2017-12-14 13:25:00| Telecompaper Headlines
(Telecompaper) The Walt Disney Company said it has agreed to acquire 21st Century Fox, including the Twentieth Century Fox Film and Television studios, along with cable and international TV businesses and the company's debt, for USD 52.4 billion in stock, subject to adjustment based on tax liabilities. The price implies a total transaction of USD 66.1 billion. Before the acquisition, 21st Century Fox will separate the Fox Broadcasting network and stations, Fox News Channel, Fox Business Network, FS1, FS2 and Big Ten Network into a newly listed company that will be spun off to its shareholders. Bob Iger will remain chairman and CEO of The Walt Disney Company through 2021. The acquisition is expected to yield at least USD 2 billion in cost savings from efficiencies realised through the combination of businesses.
Fox Is Said to Keep Studio Lot, Real Estate after Disney Deal
2017-12-13 21:16:51| National Real Estate Investor
Foxs real estate portfolio is vast, including properties in the U.S., South America and Asia, according to regulatory filings.
Disney set to seal $60bn 21st Century Fox takeover
2017-12-13 02:14:16| BBC News | Business | UK Edition
A sale of Rupert Murdoch's entertainment assets could be confirmed as soon as Thursday, reports say.
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