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CNBC Reports Disney and Fox Are Nearing a Deal

Could the Mouse House acquire 21st Century Fox?

Last month it was rumored that The Walt Disney Company under CEO Bob Iger, was looking to acquire 21st Century Fox in a deal reportedly worth over $60 billion.

According to a new report by CNBC, Disney and Fox are nearing a deal that could potentially be announced as early as next week. CNBC speculates that under this current deal, current Fox shareholders would get one share of the remaining Fox company in addition to a fixed ratio of Disney shares.

If or when this acquisition becomes official, I’ll be sure and let you know.

Written by Brandon Hawkins

Brandon has been visiting the parks since he was two years old. He has visited Disneyland, Walt Disney World, and Disneyland Paris multiple times. With a passion for everything Disney, Brandon gives followers up to date news from around the Walt Disney Company adding personal stories along the way. Brandon previously hosted The Happiest Podcast on Earth for three successful seasons.

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