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Disney and Comcast were recently stuck in an auction for 21st Century Fox Entertainment Department. However, earlier this month, Comcast fell off the auction and Disney could easily make a merger.
The Department of Justice has already agreed and the company has only one obstacle – the shareholders. Fortunately, investors from both companies voted for the merger and the whole thing lasted only 15 minutes. Variety also reports that only one person had concerns regarding the amount of the acquisition. It stands at $ 71.3 billion, while the other shareholders were not concerned by this fact. The agreement is expected to end in the first half of 2019 and will eventually end with the takeover of 21st Century Fox by Disney.
It's interesting how Fox will use Fox. Will it turn their TV channels into something of their own, whether it's introducing just a few changes or doing nothing with them? We will probably know it after the merger. The rights to the filming and series of the X-Men series will surely come back to Disney
Source: https://www.techspot.com/
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