DISNEY Sets Closing Date for 21st Century Fox Acquisition

DISNEY Sets Closing Date for 21st Century Fox Acquisition

DISNEY Sets Closing Date for 21st Century Fox Acquisition

The $71.3 billion deal is scheduled to become effective at 12:02 a.m.

It is reported the Disney-Fox deal is expected to go through next week as a reporter for CNN offers the news.

Disney earlier Tuesday in revealing the March 20 target date indicated the company has received the last major approval for the deal from Mexico.

It also vastly reduces the empire of media mogul Rupert Murdoch and his family, who are planning a "new Fox" that includes the USA broadcast network and the Fox News Channel.

Many pupils trapped as school building collapses in Lagos
On the part of government, we would immediately take care of whatever it is that we can do, including the hospital bills. As rescuers worked furiously to reach those inside, distraught parents begged them to find their children.

That meant ensuring a separation of licensing and provision between Fox's National Geographic and Nat Geo Wild channels, and the A&E, History, H2 and Lifetime networks of Disney, the IFT said. Fox also owns a stake in BOOM!

Mexican regulators have given the final sign-off to Disney's $73.1 billion merger with the assets of 21st Century Fox, clearing the way for the companies to complete the deal by March 20.

No official announcements have been made, but it is thought some of the Fox-Marvel characters will be a part of the upcoming Disney Plus streaming service, and it is speculated that following the release of Fox's X-Men: Dark Phoenix in June, that the MCU will start to incorporate the X-Men, which has been said to be through the Eternals movie. "The deal will also substantially expand our worldwide reach, allowing us to offer world-class storytelling and innovative distribution platforms to more consumers in key markets around the world".

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