DISNEY and FOX Could Announce a Deal by Thursday - Report


A deal for 20th Century Fox to sell the bulk of its media assets to Disney could be reached as early as Thursday December 14, according to CNBC. CNBC's parent company Comcast publicly withdrew from the acquisition talks earlier this month.

A Fox/Disney deal could reportedly be worth as much as $60 billion, with Fox shareholders to receive one share of the portion of Fox that remains after the sale, along with shares of Disney stock, offered at a fixed exchange ratio.

The proposed sale would potentially allow Disney-owned Marvel Studios to regain control of the full movie and television rights for its X-Men and Fantastic Four franchises, as well as other popular franchises.

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