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The takeover of $ 71.3 billion (60 billion euros) of large parts of Rupert Murdoch's entertainment group, 21st Century Fox, by competitor Walt Disney, has taken a major hurdle. Fox shareholders have agitated the case today in New York, as the companies have announced.
Green light for authorities still pending
The exact results of the vote were not announced initially. US antitrust authorities have already approved the merger, but several international agencies have not yet given the go-ahead.
Disney had agreed in December with Fox to take over most of its competitors' film and television business, but then had a month-long bid battle with the US cable giant Comcast to deliver. Disney had to strengthen in June after NBC's mother, Comcast, made a $ 66 billion offer. Comcast has abandoned his efforts
Murdoch wants to keep Fox News
The media mogul Murdoch only wants to keep his flagship Fox News and the biggest sports broadcaster, who will both be separated from the rest of the company in a new company. 19659004] Disney would swallow the legendary 20th Century Fox movie studio as well as Fox broadcasters and also take some interesting entries like the Star India network and the Hulu streaming service. The Hollywood giant is preparing for its planned attack on Netflix in the booming online TV services market. Meanwhile, Comcast continues to worry about the British pay TV channel Sky, in which Fox holds 39%.
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