It's official. Disney announce acquisition of Fox | ResetEra
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The Walt Disney Company to Acquire Twenty-First Century Fox, Inc., after Spinoff of Certain Businesses, for $52.4 Billion in Stock
21st Century Fox to spin off Fox Broadcasting network and stations, Fox News, Fox Business, FS1, FS2 and Big Ten Network to its shareholders
Acquisition complements and enhances The Walt Disney Company's ability to provide consumers around the world with more appealing content and entertainment options
Transaction to include 21st Century Fox's film and television studios, cable entertainment networks and international TV businesses
Popular entertainment properties including X-Men, Avatar, The Simpsons, FX Networks and National Geographic to join Disney's portfolio
Expands Disney's direct-to-consumer offerings with addition of 21st Century Fox's entertainment content, capabilities in the Americas, Europe and Asia; Hulu stake becomes a controlling interest