Disney Closes On $71 Billion Acquisition Of Fox's Entertainment Business
Wednesday, 20 March 2019 At the end of 2017, Disney announced that it would acquire large parts of 21st Century Fox. On Wednesday, shortly after midnight eastern time, the $71.3 billion deal finally was completed.
Comicbook.com reports it won't be long before Disney has the rights to 21st Century Fox. Disney has released their official statement on the $71 billion deal. This is an extraordinary and historic moment for us -- one that will create significant long-term value for our company and our shareholders....
According to Comicbook.com, "2021 will mark the end of Bob Iger's prolific tenure as Disney CEO, Iger said Thursday during the investors' event that highlighted the company's coming streaming service..