Fox Films shareholders agree to sell $ 71 billion worth of assets to Disney



[ad_1]

The results of the vote were announced at a special meeting of shareholders in New York.
Fox shares fell 0.3% to $ 45.25 Disney was forced to improve its bid last month after Comcast, the largest cable television company in the United States, made a $ 66 billion offer to acquire rights in film and television series. Famous for Fox as "X Men" and "Family"
The offer between Comcast and Disney was part of a broader battle in the entertainment industry, with media companies spending tens of billions of dollars dollars to compete with Netflix and Amazon.com.
Last week, Comcast dropped its bid to buy Fox's film and television studios, cable networks and international television.
The Disney issue, which includes money and shares, has already been approved by the US regulators. In an agreement with the United States Department of Justice, Disney announced that it would leave 22 Fox regional sports networks.

[ad_2]
Source link