Walt Disney Co. won U.S. antitrust approval for its $71 billion purchase of 21st Century Fox Inc.’s entertainment assets, raising hurdles to a potential rival bid from Comcast Corp.
Update: Disney agreed to sell Fox’s regional sports networks to resolve the Justice Department’s concerns that the deal would raise prices for pay-TV companies, according to court filings made Wednesday in New York.
It doesn’t own FOX yet. It just got an approval from the American Justice Department to buy it. The shareholders haven’t voted on the sale yet, other governing bodies haven’t approved the deal yet and Comcast can still counteroffer the deal. It’s still far from a done deal. Change the title
It doesn’t own FOX yet. It just got an approval from the American Justice Department to buy it. The shareholders haven’t voted on the sale yet, other governing bodies haven’t approved the deal yet and Comcast can still counteroffer the deal. It’s still far from a done deal. Change the title