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Shareholders of 21st Century Fox (FOXA) and Disney (DIS) approved the merger plan between the two media and film groups, they announced Friday, a month after receiving the go-ahead from US competition authorities.
This huge merger, to more than 71 billion dollars, should give birth to a juggernaut of the sector and thus allow to better fight against the power of the technology groups.
Disney, who owns the television channel ABC the sports bouquet ESPN the Walt Disney studio and the amusement parks Disneyland will get his hands on the movie studios 20th Century Fox the television channel National Geographic or the participation of Fox in the service of streaming Hulu . [1965900] 4] The US cable television channel Fox News the Wall Street Journal and the news agency DowJones other properties of the Murdoch family, are not in However, not involved in this transaction and will be grouped in a new group "Fox" thinned.
At the end of June, the US Department of Justice had given the green light to this marriage, while demanding that Disney sells 22 local sports channels owned at 21st Century Fox, in order to preserve competition.
If shareholders' agreement was essential, groups still need to receive the approval of regulatory authorities in several other countries to complete their union. Friday,
Disney had to ultimately offer nearly $ 20 billion more than originally planned after the cable operator Comcast outbid to put the money in on Fox.
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