Disney has confirmed its intentions to buy 21st Century Fox. The deal will be acquired by the purchase of $52.4 billion in stock. Assets would include 20th Century Fox film studio and more from the Rupert Murdoch’s empire. Total worth of deal is $66.1 billion, however The Walt Disney Co. would assume the $13.7 billion debt as well. Closing customs such as shareholder approval and more still need to be finalized, expected by 2019, however the Boards of Directors of Disney and 21st Century Fox have already approved. This would expand the Disney name and its offerings.
Click here for all the latest Disney News!
Going to Disney? You might qualify for a Disney Gift Card when you book your trip with the Couponing to Disney travel specialist!