It’s been a long road for Disney acquiring 21st Century Fox properties with a Disney-Fox Deal. However, the long road could be coming to an end after a 5-to-1 vote with Brazil’s antitrust regulatory agency Cade giving the Disney-Fox Deal the go-ahead with a few stipulations. Brazil has concerns, as
Tag: Disney Fox deal
Comcast Bids Against Disney for Fox with $65 Billion Offer
After weeks of speculation, Comcast bids against Disney for Fox. With the hopes of stopping Disney’s pending, stock-based $52.4 billion deal with Fox, Comcast has made a higher, all-cash offer of approximately $65 billion. It is that that this will most likely start what could be an intense battle between Comcast and
Is Comcast Challenging Disney for Acquisition of Fox?
Could we see Comcast challenging Disney?! It was confirmed on Wednesday by Comcast Corp. that it was considering and making preparations to submit a “superior” all-cash bid for significant parts of 21st Century Fox. This would be a direct challenge to the Walt Disney Co.’s $52.4 billion deal for the same businesses.
A Contract Extension Keep Bob Iger at the Company Helm Until 2021
Along with the news of the Disney-Fox deal that come out last week, Disney has also announced that they have extended the contract of Bob Iger,Chairman and Chief Executive, through 2021. The extension was not a total surprise. It was expected as a way to give the company stability though the integration
Writers Guild of America West Publicly Opposes the Disney Fox Deal
The Writers Guild of America West (WGAW) has issued a statement expressing their opposition of the Disney-Fox merger announced on Thursday. The statement reads: “In the relentless drive to eliminate competition, big business has an insatiable appetite for consolidation. Disney and Fox have spent decades profiting from the oligopolistic control
A Disney-Fox Deal Could be Announced on Thursday
It is looking like the deal between Disney and Fox will be announced on Thursday according to a report by CNBC on Tuesday. Disney is set to acquire key entertainment and sports assets from 21st Century Fox, including its film and TV studio in this $60-billion plus deal. Both Fox and