Disney has agreed to divest the local rights for the Fox Sports channel in Brazil to a buyer at no additional costs. In a significant development, Brazil’s antitrust regulator, CADE stated, Walt Disney Co has accepted its demand to sell… Read More ›
Twenty-First Century Fox
Comcast’s $40 billion acquisition of Sky sends Sky’s share shooting up
With Comcast’s bid winning the auction, a rare event, the U.S. Cable-TV giant now enjoys the spoils of owning Europe’s biggest pay-TV group. Early trade on Monday saw shares of Sky jump by 9% to 17.22, slightly below the 17.28… Read More ›
Fox-Disney deal set to be approved by U.S. antitrust regulators: source
The deal will still need to be approved by regulators from other countries. As per a source familiar with the matter at hand, the U.S. Justice Department is set to provide antitrust approval for Walt Disney Co’s bid to acquire… Read More ›
Comcast weighing options to acquire assets from Twenty-First Century Fox: sources
Although Fox prefers a deal with Disney rather than Comcast, more clarity on the deal will emerge later this summer when Fox, in its regulatory filing, justifies the potential deal with Disney, to its shareholders. According to sources familiar with… Read More ›
Fox and Blackstone Group to bid for Tribune Media Co
Their joint bid comes in less than 2 weeks after the U.S. Federal Communications Commission voted to lift the 2016 limit on the number of television stations broadcasters can buy. Sources familiar with the matter at hand have disclosed that… Read More ›
Brexit has made British companies vulnerable to acquisitions
The shock verdict has led to a fall of business and investor confidence in the British economy. The fall of the pound has made the UK companies easy picking for foreign companies who have snapped up lucrative deals. The shocking… Read More ›
British pension funds weigh in on Fox-Sky deal
British pension funds are stating that a respectable premium be paid for Sky by Fox. If Fox were to prolong negotiations such that the acquisition takes place after Theresa May’s government invokes article 50 of the EU Lisbon Treaty in… Read More ›
Fox in acquisition talks with Sky – Sources
Following Brexit and the devaluation of the British pound, British companies have become more interesting for companies looking to expand. U.S. based Twenty-First-Century Fox is in exploratory acquisition talks with British broadcaster Sky in could be a blockbuster deal. As… Read More ›
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