Tuesday, March 12, 2019

Disney's Acquisition of 21st Century Fox Set to Close Next Week

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Disney's $71.3 billion acquisition of 21st Century Fox is set to close next week.

Announced by Disney and Fox, the acquisition, which was first announced at the end of 2017, is expected to officially close on March 20, 2019, at 12:02am ET.

The news arrived alongside the deadline for holders of 21st Century Fox's common stock to elect the form of consideration they wish to receive in preparation for closing.

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