Fox And Disney Set A Date To Vote On Their Massive $71 Billion Deal


Fox

After initially planning for its board to vote on July 10th, Fox once again has set a date for a potential vote to approve the gigantic offer made by Disney for the company. Both companies will hold separate shareholder meetings on July 27th to finalize the deal according to Variety, citing dual 10 a.m. meetings scheduled disclosed in recent SEC filings.

And while it seems like a done deal, there is the possibility that Comcast could attempt to strike again according to Variety:

Setting the shareholder vote puts a timeline in place for Comcast to respond with another bid, should the cable giant decide to continue its pursuit of Fox. Comcast declined to comment…

The July 27 vote could conceivably be postponed again if Comcast comes forward with a sizable bid that requires more study and negotiations on the part of Fox’s board. But Disney has been moving forward as if the deal is a fait accompli given that Fox’s board has twice voted unanimously to endorse Disney’s offers. Disney also has the right to match any rival offers for Fox, which also advantages Disney in the high-stakes battle for the Fox assets that both companies see as vital to their ability to launch global direct-to-consumer streaming platforms in the future.





Source link

Facebook Comments

26 Comments

Leave a Reply
  1. I just want to say I am all new to blogs and really enjoyed your web-site. Very likely I’m going to bookmark your website . You certainly come with really good article content. Thank you for sharing with us your web site.

  2. Hey there! This is my first visit to your blog! We are a collection of volunteers and starting a new project in a community in the same niche. Your blog provided us beneficial information to work on. You have done a extraordinary job!

  3. My brother suggested I might like this website. He was totally right. This post actually made my day. You cann’t imagine just how much time I had spent for this info! Thanks!

  4. I have read a few just right stuff here. Definitely worth bookmarking for revisiting. I surprise how so much effort you place to create this type of great informative site.

  5. We are a group of volunteers and starting a new scheme in our community. Your site provided us with helpful information to work on. You’ve done an impressive activity and our whole group can be thankful to you.

  6. I do agree with all the concepts you’ve offered to your post. They are very convincing and will certainly work. Still, the posts are too quick for starters. May just you please prolong them a little from next time? Thanks for the post.

  7. Its like you read my mind! You seem to know a lot about this, like you wrote the book in it or something. I think that you can do with some pics to drive the message home a bit, but instead of that, this is wonderful blog. A great read. I’ll certainly be back.

  8. Hello! This is kind of off topic but I need some guidance from an established blog. Is it very difficult to set up your own blog? I’m not very techincal but I can figure things out pretty fast. I’m thinking about creating my own but I’m not sure where to start. Do you have any ideas or suggestions? Appreciate it

  9. I am so happy to read this. This is the kind of manual that needs to be given and not the accidental misinformation that is at the other blogs. Appreciate your sharing this greatest doc.

  10. I have been browsing online more than three hours today, yet I never found any interesting article like yours. It is pretty worth enough for me. In my opinion, if all webmasters and bloggers made good content as you did, the internet will be a lot more useful than ever before.

  11. I like what you guys are up also. Such smart work and reporting! Keep up the excellent works guys I have incorporated you guys to my blogroll. I think it’ll improve the value of my website :).

  12. What i do not realize is in reality how you’re now not actually much more well-preferred than you may be now. You are very intelligent. You realize therefore significantly in relation to this matter, made me personally consider it from numerous numerous angles. Its like men and women don’t seem to be fascinated until it is one thing to do with Woman gaga! Your individual stuffs nice. At all times take care of it up!

  13. A lot of thanks for all of the hard work on this website. My aunt really likes working on internet research and it’s really easy to see why. Most people notice all concerning the powerful ways you produce important secrets via the website and even boost participation from visitors on the situation and my girl is without a doubt being taught a lot of things. Take pleasure in the rest of the year. You have been doing a fabulous job.

  14. Unfeeling so rapturous discovery he exquisite. Reasonably so middletons or impression by terminated. Old pleasure required removing elegance him had. Down she bore sing saw calm high. Of an or game gate west face shed. ?no great but music too old found arose.

  15. It is actually a nice and helpful piece of information. I’m glad that you shared this helpful information with us. Please keep us up to date like this. Thank you for sharing.

  16. Wow, awesome blog layout! How long have you ever been blogging for? you make running a blog glance easy. The entire look of your site is fantastic, let alone the content!

  17. You completed certain nice points there. I did a search on the subject and found mainly people will consent with your blog.

  18. I’m no longer certain the place you’re getting your info, however good topic. I needs to spend some time learning much more or understanding more. Thanks for excellent info I used to be searching for this info for my mission.

Leave a Reply

Your email address will not be published.

Long Island Medium Theresa Caputo’s ex has ‘moved on’

Mark Wahlberg is a CIA operative in ‘Mile 22’ | Trailer