Acquisition of Fox officially completed



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71.3 billion dollars. So much is the recovery of Fox by Disney. Now Fox shareholders have agreed to the agreement, as a result of which the case is practically over. Until recently, Disney and Comcast have contested for the acquisition, in which Comcast has also offered an astronomical amount. The decision came after two meetings between shareholders of Disney and Fox, who took together less than half an hour.

Two meetings between the shareholders of Disney and Fox, each lasting 15 minutes, were enough to conclude the case. Disney, by common shareholder agreement, will acquire Fox for $ 71.3 billion. The company is expected to be completed in the first half of 2019, according to 20th Century Fox. Only one Disney shareholder expressed concern over the rally and argued that Disney would pay too much for the acquisition.

The purchase follows Disney's rights to Fox's clbadics and movie series, including X-Men, Fantastic Four and Deadpool. This also opens the door to crossroads between Avengers and X-Men. However, we still do not know which movies and franchises go from Fox to Disney. The deal includes 20th Century Fox's movie and television studios, as well as FX, Nat Geo, Star India and 30% of Fox's shares in Hulu and 39% in Sky.

Comcast was Fox's buyer was rejected. The company offered $ 65 billion.

Source: Gamespot

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