Logo

CNBC; Reuters

Report: Disney and Fox Closing in on a Deal that Would Value Fox Assets at More than $60 Billion

Dec 5, 2017  •  Post A Comment

“Disney and Twenty-First Century Fox are closing in on a deal, and it could come as soon as next week, according to sources familiar with the matter,” reports CNBC.

What would be included in the deal is “Fox’s Nat Geo, Star, regional sports networks, movie studios and stakes in Sky and Hulu, among other properties,” the story says.

Notes a story from Reuters, Disney would also acquire FX as part of the deal. Reuters also notes that “Fox would keep its news and business news divisions, its broadcast stations and Fox Sports, the sources said.”

The CNBC report adds, “The enterprise value of the Fox assets in the Disney deal is seen as above $60 billion, according to sources.”

Both stories mention the Comcast is also still a suitor for the Fox assets.

To read the entire CNBC story about Disney buying a number of Fox assets, please click here.

.

Your Comment

Email (will not be published)