Shareholders raise thumbs for Fox's takeover of Disney



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Shareholders brandished the mega-deal Friday in New York, companies said. 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.

Monthly Auction War

Disney had agreed in December with Fox to resume most of the film and television activities of its competitors However, then deliver a one-month auction war with the American cable giant Comcast. A little over a week ago, Comcast had abandoned its efforts. Media mogul Murdoch just wants to keep his new flagship Fox News and the biggest sports channel, the two must be separated from the rest of the company in a new company.

Disney would swallow the legendary 20th Century Fox movie studio and various Fox TV channels Take 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. The British pay-TV Sky, in which Fox holds 39 percent, is still fought with Comcast on. (SDA)


Posted on 27.07.2018 | Updated at 18:26

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