Walt Disney in talks to buy 20th Century Fox
Walt Disney is in talks to acquire most of the 21st Century Fox, including the 20th Century Fox movie holding. This was reported by CNBC with reference to its sources. It is alleged that negotiations between the parties have continued in an atmosphere of secrecy for several weeks. Having sold part of its assets related to the production of entertainment content, 21st Century Fox intends to focus the resulting resources on the development of news and sports divisions. On rumors of a possible merger of the two companies, FOX shares rose seven percent at once. The parties have so far declined to comment on this. In turn, by acquiring 20th Century Fox, Walt Disney will have a large number of Marvel superheroes at its disposal, the rights to which were sold to Fox in the past decades, including X-Men, Deadpool, Fantastic Four and many others. In addition to the 20th Century Fox movie studio, the 21st Century Fox holding also includes 20th Century Fox Television, Fox 2000 Pictures, Fox Searchlight Pictures, Fox International Productions, Twentieth Century Fox Animation. All of them may also become the property of Walt Disney. The Topic of Article: Walt Disney in talks to buy 20th Century Fox. |
