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"Shareholders of Walt Disney Co. and 21st Century Fox approved the $71 billion deal between the two companies on Friday, clearing another hurdle for a deal that will rattle the media and entertainment landscape and could inspire a wave of similar tie-ups."
wsj.com/articles/shareholders-approve-disneys-acquisition-of-fox-entertainment-assets-1532701190
NOTE: Paywalled.
Also at c|net:
Fox shareholders on Friday approved the sale of its entertainment assets to Disney for $71.3 billion, reported Bloomberg. Both companies' investors reportedly approved in separate votes at the New York Hilton Midtown in Manhattan.
Fox agreed to Disney's bid earlier in June and rejected Comcast's $65 million cash offer. 21st Century Fox is home to popular franchises such as X-Men, Deadpool, The Simpsons, Ice Age and Planet of the Apes. Disney could benefit from Fox's entertainment portfolio.
Comcast dropped out of the bidding war for Fox last week and moved on to UK broadcaster Sky.
(Score: 1) by khallow on Sunday July 29 2018, @12:15PM (1 child)
(Score: 1, Touché) by Anonymous Coward on Sunday July 29 2018, @12:39PM
How generous. But I don't want to deprive you of something that is obvious you really need.