Disney’s historic $71.3 billion acquisition of 21st Century Fox creates an unprecedented collection of content and talent for the Mouse House.
Amidst cost-cutting and layoff speculation, studio appoints four key Fox executives for top roles once merger is complete.
Disney’s $71 billion cash and stock bid is approved by stockholders of both companies along with agreement to spin-off the new ‘Fox.’
Move clears the way for Disney’s $71 billion cash and stock offer, which was approved in June by the Department of Justice.
Putting the pressure on rival media conglomerate Comcast, Disney’s $71 billion cash and stock bid is still to clear several regulatory hurdles.
New $71.3 billion deal approved by the boards of directors of Disney and 21st Century Fox.
