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'An extraordinary and historic moment': Disney completes takeover of 21st Century Fox

on Mar 20, 2019 | 0 comments

By Shawn Lim

The Walt Disney Company has announced it will officially acquire 21st Century Fox on March 20.

Disney fought off the likes of Comcast to acquire Fox after the US Department of Justice (DOJ) approved the acquisition in June 2018. As an anti-trust provision, Disney was asked by the DOJ to relinquish 22 of its regional sports networks to provide fair competition in that space and had 90 days to restructure.

Disney said its acquisition of Fox includes its film production businesses like Twentieth Century Fox, Fox Searchlight Pictures, Fox 2000 Pictures, Fox Family and Read full story ›

Source: The Drum