Disney buy 21st Century Fox for $52.4billion

[mjk45]

Darwinianevolution said:

BasilZero said:

Here's what each company gets.

 

Disney gets:

• 20th Century Fox, Fox 2000, Fox Searchlight movie and television studios

• Majority control (60%) of Hulu

• Several big movie franchises, including X-Men, Avatar and Deadpool

• Major TV franchises, including The Simpsons, This Is Us and Modern Family

• International media businesses, including 350 channels in 170 countries, Star India and 39% of the European pay-TV operator Sky

• FX and National Geographic Partners

• Fox's regional sports networks, including YES

• $13.7 billion of Fox's debt

• An estimated $2 billion in cost savings

• Bob Iger's contract extended through 2021

Fox gets:

• 25% of Disney shares

• $8.5 billion cash dividend from the spun-off company

Fox's spinoff company keeps:

• Fox broadcasting

• Fox News

• Fox Business News

• FS1 & FS2 sports networks

• Big Ten Network

 

 

http://money.cnn.com/2017/12/14/media/disney-fox/index.html

Wow, 25% of Disney's shares? That HUGE. No wonder they sold so much to Disney if they were going to get that many shares anyway. How much does Disney itself has in terms of its own shares?

What they said on Australian news this morning was Rupert Murdoch because of the families holdings in 21st  century fox  with 4% of Disney shares will be the biggest individual shareholder  Steve Jobs widow was with a similar 4% the largest  but sold half her shares earlier in the year next is Disney's  general council .

Last edited by mjk45 - on 14 December 2017