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[14 Dec 2017 | No Comment | ]
The Walt Disney Company Acquires 21st Century Fox

The Walt Disney Company has acquired 21st Century Fox including Twentieth Century Fox Film and Television studios for approximately $52.4 billion in stock.
The deal does not include Fox Broadcasting network and stations, Fox News, Fox Business, FS1, FS2 and Big Ten Network, which will be spun off to Fox shareholders.
Several entertainment properties including X-Men, The Simpsons, FX Networks, and National Geographic will now be part of Disney’s portfolio.
According to a press release from Disney: “Under the terms of the agreement, shareholders of 21st Century Fox will receive 0.2745 Disney shares for …