DOJ clears Disney acquisition of 21st Century Fox

Reading Time: 2 minutes Post Views: 2,292 The Walt Disney Company announced that the Antitrust Division of the United States Department of Justice (DOJ) has cleared the pending acquisition by Disney of 21st Century Fox. The DOJ has entered into a consent decree with Disney and 21st Century Fox that allows the acquisition to proceed while requiring the sale of the Fox Sports Regional Networks. Under the consent decree, Disney has at least 90 days from the date of closing the transaction to complete this sale. The DOJ may grant extensions of time up…

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