Deal just announced.....
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Disney to buy Fox in $52.4bn deal including Murdoch's Sky share.
Deal also includes Fox's studio, and FX channel and Star TV.
No news yet on whether a Murdoch will become the top dog at Disney. The Murdoch's will become Disney's largest shareholder with a 25% share and likely James Murdoch will become the new Disney CEO in the future.
Disney/Fox investor teleconference in a hour.
https://thewaltdisneycompany.com/wal...billion-stock/