Disney and Fox Shareholders approve merger, likely to be completed in first half of 2019

Reading Time: 2 minutes Post Views: 2,280 Shareholders of 21st Century Fox and Disney have approved Disney’s $71.3 billion buyout of Fox’s assets. Shareholders gathered on July 27 at the New York Hilton for separate meetings to vote on the historic transaction that the companies announced in December. Gerson Zweifach, general counsel of 21st Century Fox, told Fox shareholders the merger is expected to be completed in the first half of 2019. Disney said 99% of shareholders approved the company’s acquisition of Fox assets, a historic tie-up that will alter the Hollywood landscape. The…

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