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21st Century Fox Approves Disney $71b Takeover

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21st Century Fox Approves Disney $71b Takeover

Disney is officially buying Fox! In the coming years expect for Fox IP to make their way to the parks.


It's official! The shareholders of 21st Century Fox has voted to approve Disney's $71billion offer of stocks and cash for Fox's entertainment assets. Comcast tried to outbid Disney, but ultimately failed.

It will be one of the biggest media purchases in corporate history.

Once the transaction goes through, it means Marvel franchises like X-Men, Fantastic 4 & Deadpool could be added to the MCU. Disney will also own popular franchises like Avatar, Ice Age, Planet Of The Apes, Alien, and many many more. All of which could be coming to Disney parks. The transaction will close most likely at the end of the year into next year.

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This article was posted on 27-Jul-2018

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