Disney acquires 21st Century Fox for $ 71.3 billion

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  • On Saturday, july 28, 2018
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Disney acquires 21st Century Fox

There have been many twists in this affair, but here it is, officially concluded: Disney acquires 21th Century Fox for $ 71.3 billion

Disney and Comcast, an American media group, fought for months at a dizzying auction to buy 21st Century Fox.

In the end, it is Disney who will get it since his last bid at $ 71.3 billion, plus the $ 13.8 billion recovery of Fox's debts, has been validated by the shareholders (99% of them voted positively) and the US government agreed.

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Walt Disney is getting 20th Century Fox Studios and Fox Searchlight, as well as various TV channels such as FX. Even most of the Hulu streaming platform is there! Only continuous news channels and sports channels will be spared by this deal.

It will now wait until summer 2019 for the market to be permanently sealed on the legal side, a date that will mark the largest buy in the history of Hollywood.

Disney Disney stock Wall Street 21st Century Fox Walt Disney

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