Fox shareholders approve Walt Disney's $71 billion deal

30 Juillet, 2018, 04:45 | Auteur: Auguste Feret
  • Walt Disney has the green light to buy the bulk of 21st Century Fox’s entertainment assets including the film studio behind Avatar

Now that 21st Century Fox Inc. shareholders have signed off on the $71.3 billion sale of its entertainment assets to Walt Disney Co., some investors are already fretting about the next hurdle: regulatory clearance from China. With the merger's approval, the possibilities are now endless, and the idea of The Avengers, Fantastic Four and X-Men all together in one film is now a real possibility.

The shareholder vote caps a saga that began in December 2017, when Disney made its first offer for part of Rupert Murdoch's media conglomerate.

Disney must have really wanted it, though, because after they upped their offer Comcast dropped out, purportedly to instead focus on its battle with Fox to fully acquire Sky.

Disney's cash and stock offer has already received approval from US regulators.

The companies noted that the consideration may be subject to adjustment for certain tax liabilities, and that the stock consideration is subject to a collar, which guarantees that 21st Century Fox stockholders will receive consideration equal to $38 Dollars in value if the average Disney stock price at closing is between $93.53 and $114.32.

21st Century will keep Fox News, Fox Sports and the Fox broadcasting network as a separate company.

USA - incendies en Californie : le bilan s’élève à 6 morts
Environ 12 000 pompiers s'employaient dimanche à lutter contre des incendies en Californie. Un homme de 32 ans, Brandon McGlover, a été arrêté peu après le départ de ce feu.

Aston Villa join chase for Woodburn
Telegraph claim that Sheffield United and Wigan have both made offers for Woodburn, but Villa are the favourites to land him. Woodburn, 18, was due to be part of Liverpool's training camp in France this week.

Le trou d'air se poursuit pour la croissance au 2e trimestre
En attendant, le FMI a revu à la baisse sa prévision de croissance pour l'Hexagone cette année, à 1,8%. Soit le même rythme qu'au cours des trois premiers mois de l'année.

Fox plans to spin off its news and sports channels, including its flagship Fox News channel, into a newly listed company.

According to Variety, these meetings took place at the New York Hilton and weren't exactly heated debates over the future of each company.

Shares of Fox were down slightly, by 0.3 percent to $45.25 in afternoon trading, while Disney shares were down 0.7 percent to $112.70.

In addition to the Fox movie studio, Disney will gain the Fox Searchlight studio, which produced 2018 Best Picture victor "The Shape of Water" and "Three Billboards Outside Ebbing, Missouri", which won best actress (Frances McDormand) and best supporting actor (Gary Oldman).

Disney has dominated the worldwide box office in recent years, thanks the string of hits from Marvel, Pixar and "Star Wars".

That means two of the biggest film and television companies in the world will be merging to create what will by far and large be the biggest film and television company in the world.



Bird scooters launched in Culver City
Scooter rental companies, such as Bird , Lime and Uscooters tried to urge the city to implement regulations instead of a ban. Under the statute, individuals are not permitted to ride the bikes - or abandon them - on any public place.

How to watch the 2018 Baseball Hall of Fame induction
Morris, now 63, pitched 18 seasons for the Tigers, Twins, Blue Jays and Indians, and played on four World Series champions. The intimidating slugger who stands 6-foot-4 and weighs 250 pounds quickly transformed into a teary-eyed father.

Powerful storm hits disaster-ravaged Japan
TV footage showed workers and residents hurriedly piling up sand bags to build temporary barriers against potential floods. By 9pm (1200 GMT) the storm's centre was located some 60 kilometres out to sea southeast of Omaezaki City.

Bride fires bridesmaid, JetBlue offers full refund
So Duffy took to Twitter to vent her frustration and beg Jet Blue to refund her the price of two "X-C", or cross-country, tickets. JetBlue is offering a bridesmaid a full refund after she was asked to step down from her bridesmaid's duties by the bride.

U.S. quietly aims to revive 'Arab NATO' to confront Tehran
Saudi Arabia accuses regional arch-foe Iran of supplying missiles to the Houthis, something Tehran and the Houthis deny. Brent crude futures had risen 66 cents, or 0.9%, to US$74.59 a barrel by 0019 GMT, after gaining 0.7% on Wednesday.

Late birdie blitz keeps DeChambeau in front at European Open
Bryson DeChambeau didn't have his best golf in the second round of the $2.3 million Porsche European Open. After that performance, it was remarkable that he managed to make the cut with a second-round 70.

But none who wield the stones know the truth about the power they contain.or what it would take to bring them to their END. The scene will be included in the Blu-Ray edition of the movie which will be released on August 14.

Libération d'une jeune Palestinienne détenue pour avoir giflé des soldats israéliens
Les deux jeunes filles leur demandent de quitter les lieux puis leur donnent des gifles et des coups. La jeun Palestinienne Ahed Tamimi (C) à sa libération de prison après 8 mois de détention en Israël.

Homeless man hands out resumes, gets hundreds of job offers
A bunch of startups", he said, speaking by phone at a Starbucks near where he'd first gone begging - literally - for work. Casarez told NBC Bay Area that he had moved to the region last September wanting to launch a startup.

Man Who Vandalised Trump's 'star' in 2016 to Bail out New Suspect
James Otis pled no contest to his 2016 felony vandalism charge and received a $4,400 fine and 20 days of community service. A 25-year-old man turned himself in and is now in custody, A Los Angeles Police Department spokesperson told Deadline.