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Disney to Buy 21st Century Fox Assets for $52.4 Billion in Historic Hollywood Merger

by Brian Steinberg

The Walt Disney Co. has set a $52.4 billion, all-stock deal to acquire 20th Century Fox and other entertainment and sports assets from Rupert Murdoch’s empire. The deal between Disney and 21st Century Fox marks a historic union of Hollywood heavyweights and a bid by Disney to bolster its core TV and film businesses against […]

SOURCE: Variety at 7:04am on December 14, 2017