Fox And Disney Shareholders Approve Deal

Uploaded by Charles Esposito on August 3, 2018 at 6:40 pm

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This could result in one of the largest purchases in entertainment history.
According to Reuters, shareholders of 21st Century Fox Inc and Walt Disney Co approved of Disney’s $71 Billion purchase of Fox’s Film and Television assets.
The approval comes as media companies attempt to compete with the likes of Netflix Inc and Amazon.com.
Disney still needs approval from more than a dozen countries before it can officially close the deal.

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