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21st Century Fox shareholder wo n’t vote on The Walt Disney Company ’s buyout offer until the calendar week after San Diego Comic - Con . Last year , Disney made an offer to acquire 21st Century Fox ’s motion-picture show and television set assets , namely 20th Century Fox , for over $ 54 billion in stock . While everything was build up smoothly behind - the - scene , the recentAT&T / Time Warner mergerended up being the impetus for an aggressive summons war .
AT&T and Time Warner pull ahead antimonopoly blessing allowed Comcast to supply Fox shareholders with a much high buyout offer than Disney was propose , which eventually led to the Mouse House submit yet another dictation . Now , Disney is offering Fox $ 71.3 billion in cash and gillyflower - a hatful that has already been givenapproval by the U.S. Department of Justice- which Fox has already fit to . However , the company ’s shareholders have yet to decide to sell off their asset .
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The Wrapreports that 21st Century Fox shareholders will have an investors get together on July 27 in which they will vote on whether or not to accept Disney ’s acquisition fling . Fox was to begin with slate tovote on the Disney deal on July 10 , but it was push back following newfangled bids from both Comcast and Disney .
While the Disney / Fox deal seems to be all but terminated , Comcast should n’t be depend out just yet . They are reportedly looking to partner with other ship’s company or secret - equity investor to deliver an even high offer than Disney . Equally , Disney themselves still have a few more hurdle race to readable , most notably getting the green luminance from international regulator - an outcome Comcast would be capable to hedge , should it succeed in finding a mutually - agreeable partnership .
If the mass falls through , the biggest dashing hopes for laughable book fans will surely be the Adam - Man and Fantastic Four not joining the Marvel Cinematic Universe . At the here and now , Marvel Studios has no plansto enclose the Fox Marvel poor boy just yet- and they ca n’t come out planning those introductions until after the acquisition go through , which may not befall until next summer .
Still , it ’s crucial to note that a Fox buyout is far bigger than any comic Christian Bible movie team - up ; there are 12 and dozens of high - profile television set and movie properties in Fox ’s library that will transmit over to Disney , let in majority possession in both Hulu and Sky News . All of that will avail bolsterDisney ’s upcoming pour serviceand their bear on box role authority . That may not sound like such a bad affair , with continuation being churned out like clockwork , but there was a reason some theater owner wererefusing to show Star Warslast year .
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Source : The Wrap