WorldOfTopics.com

Fox shareholders voted to merge with Walt Disney (Topic)

World Of Topics » Movies » News » Fox shareholders voted to merge with Walt Disney

Fox shareholders voted to merge with Walt Disney

Image

Shareholders of Walt Disney and 21st Century Fox have approved the merger of the two companies. According to Deadline, citing official press releases, the shareholders' meetings were held simultaneously in New York and lasted only 10 minutes.

The overwhelming majority of shareholders supported the proposed purchase conditions, namely 71.3 billion dollars in stock and cash. It is noted that only two comments were made at the 21st Century Fox shareholders meeting. One of the speakers asked when compensation payments would begin, and the other simply confessed his love for Rupert Murdoch. At the Walt Disney shareholders meeting, only one shareholder suggested that the company was "overpaying for Fox assets."

The contract between the two companies still needs to be approved by the US Department of Justice. that the shareholders of both companies have given us permission to move forward and are confident in our ability to generate significant returns from the acquisition of Fox's core assets. We remain grateful to Rupert Murdoch and the Fox Board of Directors for entrusting us with the future of these unique businesses and look forward to welcoming the talent of 21st Century Fox and integrating our business to bring new content and entertainment to consumers around the world. " - said the statement of the head of Walt Disney, Bob Iger.

that the shareholders of both companies have given us permission to move forward and are confident in our ability to generate significant returns from the acquisition of Fox's core assets. We remain grateful to Rupert Murdoch and the Fox Board of Directors for entrusting us with the future of these unique businesses and look forward to welcoming the talent of 21st Century Fox and integrating our business to bring new content and entertainment to consumers around the world. " - said the statement of the head of Walt Disney, Bob Iger.

The Topic of Article: Fox shareholders voted to merge with Walt Disney.
Author: Jake Pinkman


LiveInternet