It's settled! Disney's US $71.3 billion acquisition of fox approved

Disney's US $71.3 billion acquisition of fox was approved

according to CNC reports, 21st Century Fox and Disney shareholders today approved Disney's acquisition of 21st century fox. This means that the traditional Hollywood" big six "will become five.

today, the two companies held a general meeting of shareholders to vote on this transaction. Finally, the shareholders of the two companies agreed that Disney would purchase most of the assets of 21st Century Fox for us $71.3 billion, including television media business, FX cable television network, and other overseas assets. < /p >

Reuters believes that after the integration of Disney and fox, they will be able to pay billions of dollars to fight against emerging media giants such as Netflix and Amazon.

according to NBC, an authoritative American media, on June 27, the U.S. Department of justice in charge of market antitrust announced that Disney was conditionally approved to acquire most of the assets of fox.

Robert egger, CEO of Walt Disney, said:" the combination of Disney and fox's unparalleled business can enable us to create more attractive high-quality content, expand international popularity, and provide a more attractive entertainment experience. "