Shelly Palmer Blog | Fox, Disney Announce New Deal | Talkmarkets
Host of Fox TVs "Shelly Palmer Digital Living"

Shelly Palmer is Fox 5 New York's On-air Tech Expert (WNYW-TV) and the host of Fox Television's monthly show Shelly Palmer Digital Living. He also hosts United Stations Radio ... more

Fox, Disney Announce New Deal

Date: Wednesday, June 20, 2018 8:38 AM EDT

21st Century Fox and Disney announced a new merger agreement Wednesday, increasing the value of the deal and adding a cash component. You know what they say, "A few billion here, a few billion there... after a while, it adds up to real money." As always, your thoughts and comments are both welcome and strongly encouraged.

 

21st Century Fox, Disney Reach Sweetened Merger Agreement

Disney agrees to pay more and add a cash component; Fox calls pact superior to Comcast’s bid

By Keach Hagey

Updated June 20, 2018 8:32 a.m. ET

21st Century Fox and Walt Disney Co. announced a new merger agreement Wednesday, increasing the value of their deal and adding a cash component.

Under the new deal, Disney agreed to acquire Fox’s entertainment asests for more than $70 billion, compared with the original deal price of $52.4 billion in stock and Comcast’s roughly $65 billion all-cash offer.

Continue reading at the Wall Street Journal.

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